FWP 1 n1095_a1-x5.htm FREE WRITING PROSPECTUS
    FREE WRITING PROSPECTUS
    FILED PURSUANT TO RULE 433
    REGISTRATION FILE NO.: 333-206677-20
     

 

     
 

WFCM 2017-C41 Disclaimer

 

STATEMENT REGARDING THIS FREE WRITING PROSPECTUS

The depositor has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (’’SEC’’) (SEC File No. 333-206677) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing entity and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the depositor, any underwriter, or any dealer participating in the offering will arrange to send you the prospectus after filing if you request it by calling toll free 1-800-745-2063 (8 a.m. – 5 p.m. EST) or by emailing wfs.cmbs@wellsfargo.com.

 

Nothing in this document constitutes an offer of securities for sale in any jurisdiction where the offer or sale is not permitted. The information contained herein is preliminary as of the date hereof, supersedes any such information previously delivered to you and will be superseded by any such information subsequently delivered and ultimately by the final prospectus relating to the securities. These materials are subject to change, completion, supplement or amendment from time to time.

 

STATEMENT REGARDING ASSUMPTIONS AS TO SECURITIES, PRICING ESTIMATES AND OTHER INFORMATION

The attached information contains certain tables and other statistical analyses (the “Computational Materials”) which have been prepared in reliance upon information furnished by the Mortgage Loan Sellers. Numerous assumptions were used in preparing the Computational Materials, which may or may not be reflected herein. As such, no assurance can be given as to the Computational Materials’ accuracy, appropriateness or completeness in any particular context; or as to whether the Computational Materials and/or the assumptions upon which they are based reflect present market conditions or future market performance. The Computational Materials should not be construed as either projections or predictions or as legal, tax, financial or accounting advice. You should consult your own counsel, accountant and other advisors as to the legal, tax, business, financial and related aspects of a purchase of these securities. Any weighted average lives, yields and principal payment periods shown in the Computational Materials are based on prepayment and/or loss assumptions, and changes in such prepayment and/or loss assumptions may dramatically affect such weighted average lives, yields and principal payment periods. In addition, it is possible that prepayments or losses on the underlying assets will occur at rates higher or lower than the rates shown in the attached Computational Materials. The specific characteristics of the securities may differ from those shown in the Computational Materials due to differences between the final underlying assets and the preliminary underlying assets used in preparing the Computational Materials. The principal amount and designation of any security described in the Computational Materials are subject to change prior to issuance. None of Wells Fargo Securities, LLC, Barclays Capital Inc., Academy Securities, Inc., or any of their respective affiliates, make any representation or warranty as to the actual rate or timing of payments or losses on any of the underlying assets or the payments or yield on the securities. The information in this presentation is based upon management forecasts and reflects prevailing conditions and management’s views as of this date, all of which are subject to change. In preparing this presentation, we have relied upon and assumed, without independent verification, the accuracy and completeness of all information available from public sources or which was provided to us by or on behalf of the Mortgage Loan Sellers or which was otherwise reviewed by us.

 

This free writing prospectus contains certain forward-looking statements. If and when included in this free writing prospectus, the words “expects”, “intends”, “anticipates”, “estimates” and analogous expressions and all statements that are not historical facts, including statements about our beliefs or expectations, are intended to identify forward-looking statements. Any forward-looking statements are made subject to risks and uncertainties which could cause actual results to differ materially from those stated. Those risks and uncertainties include, among other things, declines in general economic and business conditions, increased competition, changes in demographics, changes in political and social conditions, regulatory initiatives and changes in customer preferences, many of which are beyond our control and the control of any other person or entity related to this offering. The forward-looking statements made in this free writing prospectus are made as of the date stated on the cover. We have no obligation to update or revise any forward-looking statement.

 

Wells Fargo Securities is the trade name for the capital markets and investment banking services of Wells Fargo & Company and its subsidiaries, including but not limited to Wells Fargo Securities, LLC, a member of NYSE, FINRA, NFA and SIPC, Wells Fargo Prime Services, LLC, a member of FINRA, NFA and SIPC, and Wells Fargo Bank, N.A.  Wells Fargo Securities, LLC and Wells Fargo Prime Services, LLC are distinct entities from affiliated banks and thrifts.

 

IMPORTANT NOTICE REGARDING THE OFFERED CERTIFICATES

The information herein is preliminary and may be supplemented or amended prior to the time of sale.

 

In addition, the Offered Certificates referred to in these materials and the asset pool backing them are subject to modification or revision (including the possibility that one or more classes of certificates may be split, combined, or eliminated at any time prior to issuance or availability of a final prospectus) and are offered on a “when, as and if issued” basis.

 

The underwriters described in these materials may from time to time perform investment banking services for, or solicit investment banking business from, any company named in these materials. The underwriters and/or their affiliates or respective employees may from time to time have a long or short position in any security or contract discussed in these materials.

 

The information contained herein supersedes any previous such information delivered to any prospective investor and will be superseded by information delivered to such prospective investor prior to the time of sale.

 

IMPORTANT NOTICE RELATING TO AUTOMATICALLY-GENERATED EMAIL DISCLAIMERS

Any legends, disclaimers or other notices that may appear at the bottom of any email communication to which this free writing prospectus is attached relating to (1) these materials not constituting an offer (or a solicitation of an offer), (2) any representation that these materials are accurate or complete and may not be updated or (3) these materials possibly being confidential, are not applicable to these materials and should be disregarded. Such legends, disclaimers or other notices have been automatically generated as a result of these materials having been sent via Bloomberg or another system.

 

 
     
     

 

 

 

 

ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES

 

Mortgage Loan Number Property Name Mortgage Loan Seller(1) Cross Collateralized and Cross Defaulted Loan Flag Address City State Zip Code General Property Type Specific Property Type Year
Built(9)
Year
Renovated(9)
Number of Units(2) Unit of Measure(2) Cut-off Date Balance Per Unit/SF(2)(6) Original Balance ($)
1 Headquarters Plaza Barclays   1,2,3 and 4 Speedwell Avenue Morristown NJ 07960 Mixed Use Office/Hospitality/Retail 1982 2009 729,516 Sq. Ft. 169 50,000,000
2 Marriott LAX LCF   5855 West Century Boulevard Los Angeles CA 90045 Hospitality Full Service 1972 2017 1,004 Rooms 144,578 44,450,000
3 Mall of Louisiana Barclays   6401 Bluebonnet Boulevard; 9168 Mall of Louisiana Boulevard; 9330 Mall of Louisiana Boulevard Baton Rouge LA 70836 Retail Super Regional Mall 1997 2008 776,789 Sq. Ft. 418 41,000,000
4 Adler Portfolio WFB   Various Various Various Various Various Various Various Various 969,753 Sq. Ft. 42 40,300,000
4.01 Carmel Executive Park WFB   7300, 7301, 7400, 7401, 7421, 7422 Carmel Executive Park Drive Charlotte NC 28226 Office Suburban 1982 1989 223,288 Sq. Ft.   13,800,000
4.02 Vista Point North WFB   405 South State Highway 121 a/k/a 405 South State Highway 121 Lewisville TX 75067 Office Suburban 2000   143,810 Sq. Ft.   7,400,000
4.03 Greenbriar Business Park WFB   2525 Perimeter Place Drive Nashville TN 37214 Office Suburban 1986 2006 135,653 Sq. Ft.   6,000,000
4.04 Plaza Southwest WFB   5755 Bonhomme Road; 5601, 5750 Bintliff Drive; 7302, 7350 Harwin Drive Houston TX 77036 Industrial Flex 1972   152,173 Sq. Ft.   4,700,000
4.05 Commerce Park North WFB   15621, 15631 and 15701 Blue Ash Drive Houston TX 77090 Industrial Flex 1983   97,332 Sq. Ft.   2,700,000
4.06 Crescent 10 Facility WFB   1304, 1350, 1306 & 1307 Langham Creek Drive Houston TX 77084 Industrial Flex 1978   98,008 Sq. Ft.   2,650,000
4.07 Technipark Ten Service Center WFB   16115 & 16155 Park Row Houston TX 77084 Industrial Flex 1984   71,673 Sq. Ft.   2,300,000
4.08 Westchase Park WFB   3120 and 3130 Rogerdale Road Houston TX 77042 Industrial Flex 1983   47,816 Sq. Ft.   750,000
5 U.S. Industrial Portfolio III Barclays   Various Various Various Various Various Various Various Various 2,886,593 Sq. Ft. 42 30,537,149
5.01 2121 Gardner Street Barclays   2121 Gardner Street Elliston VA 24087 Industrial Warehouse 2000   378,270 Sq. Ft.   4,181,340
5.02 975 Cottonwood Avenue Barclays   975 Cottonwood Avenue Hartland WI 53029 Industrial Warehouse 2000   175,042 Sq. Ft.   2,577,538
5.03 4925 Bulls Bay Highway Barclays   4925 Bulls Bay Highway Jacksonville FL 32219 Industrial Warehouse 2006   198,408 Sq. Ft.   2,510,713
5.04 1500 Southeast 37th Street Barclays   1500 Southeast 37th Street Grimes IA 50111 Industrial Warehouse 1961 2017 248,257 Sq. Ft.   1,909,288
5.05 10450 Medallion Drive Barclays   10450 Medallion Drive Cincinnati OH 45241 Industrial Warehouse 1998   151,506 Sq. Ft.   1,871,102
5.06 1501 Industrial Boulevard Barclays   1501 Industrial Boulevard Harleysville PA 19438 Industrial Warehouse 1973 2013 112,253 Sq. Ft.   1,871,102
5.07 1001 DDC Way Barclays   1001 DDC Way Fairfield OH 45014 Office Suburban 1981 2004 66,444 Sq. Ft.   1,624,804
5.08 1152 Armorlite Drive Barclays   1152 Armorlite Drive San Marcos CA 92069 Industrial Warehouse 1986   44,313 Sq. Ft.   1,323,137
5.09 3800 West Broward Boulevard Barclays   3800 West Broward Boulevard Plantation FL 33312 Office Suburban 1956 2010 32,688 Sq. Ft.   1,298,316
5.10 2900 & 2950 Hill Avenue Barclays   2900 & 2950 Hill Avenue Toledo OH 43607 Industrial Warehouse 1955   237,698 Sq. Ft.   1,288,769
5.11 1700 Highland Road Barclays   1700 Highland Road Twinsburg OH 44087 Industrial Warehouse 1986   115,169 Sq. Ft.   1,245,810
5.12 1972 Salem Industrial Drive Barclays   1972 Salem Industrial Drive Salem VA 24153 Industrial Warehouse 1972   317,144 Sq. Ft.   1,241,037
5.13 1800 University Parkway Barclays   1800 University Parkway Sarasota FL 34243 Industrial Warehouse 1965   105,752 Sq. Ft.   1,221,944
5.14 621 Hunt Valley Circle Barclays   621 Hunt Valley Circle New Kensington PA 15068 Industrial Warehouse 2002 2009 61,796 Sq. Ft.   992,830
5.15 5000 Askins Lane Barclays   5000 Askins Lane Houston TX 77093 Industrial Warehouse 1978   100,040 Sq. Ft.   926,005
5.16 900 Chaddick Drive Barclays   900 Chaddick Drive Wheeling IL 60090 Industrial Warehouse 1982   75,902 Sq. Ft.   897,365
5.17 6600 Chapek Parkway Barclays   6600 Chapek Parkway Cuyahoga Heights OH 44125 Industrial Warehouse 1952   157,950 Sq. Ft.   859,179
5.18 53208 Columbia Drive Barclays   53208 Columbia Drive Elkhart IN 46514 Industrial Warehouse 2005   117,938 Sq. Ft.   840,087
5.19 7750 Hub Parkway Barclays   7750 Hub Parkway Valley View OH 44125 Industrial Warehouse 1971   83,404 Sq. Ft.   806,674
5.20 21699 Torrence Avenue & 2701 Kalvelage Drive Barclays   21699 Torrence Avenue & 2701 Kalvelage Drive Sauk Village IL 60411 Industrial Warehouse 1977   67,995 Sq. Ft.   534,600
5.21 3221 Cherry Palm Drive Barclays   3221 Cherry Palm Drive Tampa FL 33619 Industrial Warehouse 1988   38,624 Sq. Ft.   515,507
6 National Office Portfolio LCF   Various Various Various Various Office Suburban Various Various 2,572,700 Sq. Ft. 72 30,000,000
6.01 8330 LBJ Freeway LCF   8330 & 8360 LBJ Freeway Dallas TX 75243 Office Suburban 1984 2010 381,383 Sq. Ft.   5,554,378
6.02 101 East Park Boulevard LCF   101 East Park Boulevard Plano TX 75074 Office Suburban 1983 2012 225,445 Sq. Ft.   4,349,189
6.03 13601 Preston Road LCF   13601 Preston Road Dallas TX 75240 Office Suburban 1973 2009 261,975 Sq. Ft.   3,493,946
6.04 1750 East Golf Road LCF   1750 East Golf Road Schaumburg IL 60173 Office Suburban 1985 2013 212,212 Sq. Ft.   2,837,838
6.05 14800 Quorum Drive LCF   14800 Quorum Drive Addison TX 75254 Office Suburban 1981 2011 103,877 Sq. Ft.   1,576,216
6.06 1995 North Park Place LCF   1995 North Park Place Atlanta GA 30339 Office Suburban 1985 2013 99,920 Sq. Ft.   1,401,081
6.07 Northlake - 2295 Parklake Dr NE LCF   2295 Parklake Drive Atlanta GA 30345 Office Suburban 1973 2014 121,528 Sq. Ft.   1,383,568
6.08 4751 Best Road LCF   4751 Best Road Atlanta GA 30337 Office Suburban 1987 2013 93,084 Sq. Ft.   1,313,514
6.09 The Centre - 4101 McEwen Road LCF   4101 McEwen Road Farmers Branch TX 75244 Office Suburban 1979 2013 124,326 Sq. Ft.   1,141,297
6.10 The Centre - 4099 McEwen Road LCF   4099 McEwen Road Farmers Branch TX 75244 Office Suburban 1979 2013 123,711 Sq. Ft.   1,141,297
6.11 11225 North 28th Drive LCF   11225 North 28th Drive Phoenix AZ 85029 Office Suburban 1982 2011 135,501 Sq. Ft.   1,068,324
6.12 10000 North 31st Ave LCF   10000 North 31st Ave Phoenix AZ 85051 Office Suburban 1982 2012 128,180 Sq. Ft.   959,351
6.13 The Centre - 4001 McEwen Road LCF   4001 McEwen Road Farmers Branch TX 75244 Office Suburban 1980 2013 95,192 Sq. Ft.   891,892
6.14 4425 W Airport Fwy LCF   4425 West Airport Freeway Irving TX 75062 Office Suburban 1981 2015 85,212 Sq. Ft.   753,081
6.15 Northlake - 2302 Parklake Dr NE LCF   2302 Parklake Drive Atlanta GA 30346 Office Suburban 1979 2014 111,223 Sq. Ft.   664,865
6.16 Northlake - 2305&2309 Parklake Dr NE LCF   2305-2309 Parklake Drive Atlanta GA 30345 Office Suburban 1973 2014 65,158 Sq. Ft.   545,838
6.17 12100 Ford Road LCF   12000 & 12100 Ford Road Farmers Branch TX 75234 Office Suburban 1979 2012 158,004 Sq. Ft.   502,703
6.18 The Centre - 4000N&S McEwen Road LCF   4000N McEwen Road Farmers Branch TX 75244 Office Suburban 1979 2013 46,769 Sq. Ft.   421,622
7 HGI Savannah Historic District WFB   321 West Bay Street Savannah GA 31401 Hospitality Select Service 2005 2011 133 Rooms 199,248 26,500,000
8 Belden Park Crossing LCF   5496 Dressler Road Canton OH 44720 Retail Anchored 1995 2016 483,984 Sq. Ft. 105 23,000,000
9 One Century Place Barclays   26 Century Boulevard Nashville TN 37214 Office Suburban 1991 2016 538,792 Sq. Ft. 123 22,300,000
10 61 Grove Street LCF   61 Grove Street New York NY 10014 Mixed Use Multifamily/Retail 1900 2016 12 Units 1,804,167 21,650,000
11 777 Township Line Road Barclays   777 Township Line Road Yardley PA 19067 Office Suburban 2006   110,000 Sq. Ft. 191 21,000,000
12 The View at Marlton AREF   1011-1051 Route 73 North Marlton NJ 08053 Retail Anchored 2017   91,069 Sq. Ft. 291 20,500,000
13 Corporate Center I & III AREF   8880-8930 West Sunset Road Las Vegas NV 89148 Office Suburban 2009   95,002 Sq. Ft. 213 20,250,000
14 DoubleTree Berkeley Marina AREF   200 Marina Boulevard Berkeley CA 94710 Hospitality Full Service 1972 2016 378 Rooms 138,889 20,000,000
15 Redmont Hotel Curio LCF   2101 5th Avenue North Birmingham AL 35203 Hospitality Full Service 1925 2016 120 Rooms 158,333 19,000,000
16 555 De Haro AREF   555 De Haro Street San Francisco CA 94107 Industrial Flex 1917 1980 49,946 Sq. Ft. 380 19,000,000
17 Macedonia Commons LCF   8210 Macedonia Commons Boulevard Macedonia OH 44056 Retail Anchored 1994   312,216 Sq. Ft. 110 18,000,000
18 Northwoods Center AREF   1005, 1009, 1201-3321, 1249-1259 Bruce B Downs Boulevard Wesley Chapel FL 33544 Retail Shadow Anchored 2003   95,994 Sq. Ft. 177 16,975,000
19 100-102 Forsyth Street AREF   100 & 102 Forsyth Street New York NY 10002 Mixed Use Multifamily/Retail 1900 2016 18,555 Sq. Ft. 862 16,000,000
20 Hilton Houston Galleria TX WFB   6780 Southwest Freeway Houston TX 77074 Hospitality Full Service 1978 2016 292 Rooms 53,425 15,600,000
21 Del Amo Fashion Center Barclays   3525 West Carson Street Torrance CA 90503 Retail Super Regional Mall 1961 2017 1,769,525 Sq. Ft. 260 15,000,000
22 Hallandale Self Storage LCF   450 Ansin Boulevard Hallandale Beach FL 33009 Self Storage Self Storage 1979 2008 100,489 Sq. Ft. 135 13,540,000
23 Springville Heights Condominium AREF   80 Richmond Hill Road Staten Island NY 10314 Multifamily Mid Rise 1988 2017 109 Units 123,853 13,500,000
24 HGI Plymouth WFB   14600 Sheldon Road Plymouth MI 48170 Hospitality Select Service 1999 2016 157 Rooms 83,439 13,100,000
25 1030-1040 Broad Street AREF   1030-1040 Broad Street Shrewsbury NJ 07702 Office Suburban 1984 2012 108,513 Sq. Ft. 120 13,000,000
26 Columbia Park Shopping Center AREF   3129-3131 John F. Kennedy Boulevard North Bergen NJ 07047 Retail Anchored 1999   345,703 Sq. Ft. 181 12,700,000
27 Dublin Corners WFB   4540-4590 Dublin Boulevard Dublin CA 94568 Retail Unanchored 2005   32,155 Sq. Ft. 388 12,500,000
28 Residence Inn Omaha Aksarben Village AREF   1717 S. 67th Street Omaha NE 68106 Hospitality Extended Stay 2014   118 Rooms 101,695 12,000,000
29 Simi Valley Industrial Park Barclays   2635, 2655, 2665 and 2685 Park Center Drive Simi Valley CA 93065 Industrial Flex 1986   154,734 Sq. Ft. 75 11,550,000
30 Plaza de Hacienda Barclays   42065-42305 Washington Street Palm Desert CA 92211 Retail Anchored 1993 2013 138,547 Sq. Ft. 80 11,100,000
31 Northern Ohio Industrial Park Barclays   1400 Lowell Street Elyria OH 44035 Industrial Warehouse 1946   1,056,528 Sq. Ft. 10 11,000,000
32 Cascade Building AREF   520 SW 6th Avenue Portland OR 97204 Mixed Use Retail/Office 1926 2014 94,859 Sq. Ft. 105 10,000,000
33 Paseo Lindo Barclays   3705-3991 South Arizona Avenue Chandler AZ 85248 Retail Anchored 2013   60,059 Sq. Ft. 152 9,145,000
34 Marengo Plaza AREF   1902 East Marengo Street Los Angeles CA 90033 Mixed Use Retail/Office 2015   22,356 Sq. Ft. 402 9,000,000
35 444-446 86th Street WFB   444-446 86th Street Brooklyn NY 11209 Retail Anchored 1923   11,000 Sq. Ft. 786 8,650,000
36 Alton Business Park Barclays   6 Morgan & 30 Hughes Irvine CA 92618 Industrial Flex 1988   78,844 Sq. Ft. 108 8,500,000
37 Willowick Business Park Barclays   2190 Meridian Park Boulevard Concord CA 94520 Industrial Flex 1979   107,650 Sq. Ft. 79 8,450,000
38 Omega Self Storage – Amityville Portfolio WFB   Various Amityville NY 11701 Self Storage Self Storage Various   57,453 Sq. Ft. 139 8,000,000
38.01 185-Omega Self Storage WFB   185 Sunrise Highway Amityville NY 11701 Self Storage Self Storage 1990   45,693 Sq. Ft.   6,270,000
38.02 491-Omega Storage Inc. WFB   491 Broadway Amityville NY 11701 Self Storage Self Storage 2000   11,760 Sq. Ft.   1,730,000
39 Walnut Grove Medical Center Barclays   947 South Anaheim Boulevard Anaheim CA 92805 Office Medical 2002   40,597 Sq. Ft. 192 7,800,000
40 Tustin Mayfair Plaza WFB   720-784 North Tustin Street Orange CA 92867 Retail Anchored 1960 2017 41,340 Sq. Ft. 181 7,500,000
41 Water Tower Self Storage WFB   6350 & 6366 Sashabaw Road Clarkston MI 48346 Self Storage Self Storage 2007   122,657 Sq. Ft. 58 7,125,000
42 RSM Business Park Barclays   30151, 30161, and 30191 Avenida de las Banderas Rancho Santa Margarita CA 92688 Industrial Flex 1990   74,159 Sq. Ft. 93 6,890,000
43 Avenue Hall Executive Center Barclays   26074 Avenue Hall Santa Clarita CA 91355 Industrial Flex 1989   87,322 Sq. Ft. 78 6,845,000
44 Comfort Suites Hilton Head Bluffton AREF   23 Towne Drive Bluffton SC 29910 Hospitality Limited Service 2004 2015 78 Rooms 76,552 6,000,000
45 Harbor Court Plaza LCF   13552 Harbor Boulevard Garden Grove CA 92843 Retail Unanchored 1987   30,046 Sq. Ft. 183 5,500,000
46 Boulevard Square II Barclays   3140 Bluestem Drive West Fargo ND 58078 Mixed Use Multifamily/Retail 2014   52,730 Sq. Ft. 94 4,960,000
47 Shaw Blackstone Center-CA WFB   54, 84, 88 East Shaw Avenue Fresno CA 93710 Retail Unanchored 1976   34,231 Sq. Ft. 142 4,850,000
48 Hampton Inn - Marshall Barclays   325 Sam Hill Drive Marshall MI 49068 Hospitality Limited Service 2004 2015 73 Rooms 60,311 4,410,000
49 Rite Aid Dunmore LCF   217 South Blakely Street Dunmore PA 18512 Retail Single Tenant 2007   11,180 Sq. Ft. 340 3,800,000
50 Kirkwood Center WFB   1050 South Kirkwood Road Kirkwood MO 63122 Retail Shadow Anchored 2000   7,025 Sq. Ft. 256 1,800,000
51 Preferred Self Storage WFB   2250 North Douglas Boulevard Midwest City OK 73141 Self Storage Self Storage 2002 2008 35,350 Sq. Ft. 34 1,200,000
52 Dollar General E. Peoria LCF   1514 East Meadow Avenue East Peoria IL 61611 Retail Single Tenant 2017   9,100 Sq. Ft. 112 1,015,000

 

A-1-1

 

 

ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES

 

Mortgage Loan Number Property Name Cut-off Date Balance ($) % of Aggregate
Cut-off Date
Balance
Maturity Date or ARD Balloon Payment ($) ARD Loan Origination Date First Pay Date Last IO Pay Date First P&I Pay Date Maturity Date or Anticipated Repayment Date ARD Loan Maturity Date Gross Mortgage Rate Trust Advisor Fee Certificate Administrator Fee Rate Servicing Fee CREFC® IP Royalty License Fee Rate Asset Representations Reviewer Fee Rate Net Mortgage Rate Interest Accrual Method Monthly P&I Payment ($)
1 Headquarters Plaza 50,000,000 6.4% 50,000,000 N 10/20/2017 12/6/2017 11/6/2027   11/6/2027   4.35500% 0.00000% 0.00860% 0.00500% 0.00050% 0.00029% 4.34061% Actual/360 183,978.59
2 Marriott LAX 44,057,272 5.6% 36,682,369 N 3/6/2017 4/6/2017   4/6/2017 3/6/2027   5.11400% 0.00000% 0.00860% 0.00500% 0.00050% 0.00029% 5.09961% Actual/360 241,723.70
3 Mall of Louisiana 41,000,000 5.2% 35,448,233 N 7/26/2017 9/1/2017 8/1/2020 9/1/2020 8/1/2027   3.98400% 0.00000% 0.00860% 0.00500% 0.00050% 0.00029% 3.96961% Actual/360 195,362.27
4 Adler Portfolio 40,300,000 5.1% 33,191,611 N 11/7/2017 12/11/2017 11/11/2020 12/11/2020 11/11/2027   4.35500% 0.00149% 0.00860% 0.00500% 0.00050% 0.00029% 4.33912% Actual/360 220,696.65
4.01 Carmel Executive Park 13,800,000 1.8%                                  
4.02 Vista Point North 7,400,000 0.9%                                  
4.03 Greenbriar Business Park 6,000,000 0.8%                                  
4.04 Plaza Southwest 4,700,000 0.6%                                  
4.05 Commerce Park North 2,700,000 0.3%                                  
4.06 Crescent 10 Facility 2,650,000 0.3%                                  
4.07 Technipark Ten Service Center 2,300,000 0.3%                                  
4.08 Westchase Park 750,000 0.1%                                  
5 U.S. Industrial Portfolio III 30,537,149 3.9% 27,797,280 N 10/12/2017 12/5/2017 11/5/2022 12/5/2022 11/5/2027   4.18000% 0.00000% 0.00860% 0.00500% 0.00050% 0.00029% 4.16561% Actual/360 148,975.65
5.01 2121 Gardner Street 4,181,340 0.5%                                  
5.02 975 Cottonwood Avenue 2,577,538 0.3%                                  
5.03 4925 Bulls Bay Highway 2,510,713 0.3%                                  
5.04 1500 Southeast 37th Street 1,909,288 0.2%                                  
5.05 10450 Medallion Drive 1,871,102 0.2%                                  
5.06 1501 Industrial Boulevard 1,871,102 0.2%                                  
5.07 1001 DDC Way 1,624,804 0.2%                                  
5.08 1152 Armorlite Drive 1,323,137 0.2%                                  
5.09 3800 West Broward Boulevard 1,298,316 0.2%                                  
5.10 2900 & 2950 Hill Avenue 1,288,769 0.2%                                  
5.11 1700 Highland Road 1,245,810 0.2%                                  
5.12 1972 Salem Industrial Drive 1,241,037 0.2%                                  
5.13 1800 University Parkway 1,221,944 0.2%                                  
5.14 621 Hunt Valley Circle 992,830 0.1%                                  
5.15 5000 Askins Lane 926,005 0.1%                                  
5.16 900 Chaddick Drive 897,365 0.1%                                  
5.17 6600 Chapek Parkway 859,179 0.1%                                  
5.18 53208 Columbia Drive 840,087 0.1%                                  
5.19 7750 Hub Parkway 806,674 0.1%                                  
5.20 21699 Torrence Avenue & 2701 Kalvelage Drive 534,600 0.1%                                  
5.21 3221 Cherry Palm Drive 515,507 0.1%                                  
6 National Office Portfolio 29,965,119 3.8% 24,344,223 N 10/6/2017 11/6/2017   11/6/2017 10/6/2027   4.61000% 0.00000% 0.00860% 0.00500% 0.00050% 0.00029% 4.59561% Actual/360 153,972.65
6.01 8330 LBJ Freeway 5,547,920 0.7%                                  
6.02 101 East Park Boulevard 4,344,132 0.6%                                  
6.03 13601 Preston Road 3,489,884 0.4%                                  
6.04 1750 East Golf Road 2,834,538 0.4%                                  
6.05 14800 Quorum Drive 1,574,384 0.2%                                  
6.06 1995 North Park Place 1,399,452 0.2%                                  
6.07 Northlake - 2295 Parklake Dr NE 1,381,959 0.2%                                  
6.08 4751 Best Road 1,311,986 0.2%                                  
6.09 The Centre - 4101 McEwen Road 1,139,970 0.1%                                  
6.10 The Centre - 4099 McEwen Road 1,139,970 0.1%                                  
6.11 11225 North 28th Drive 1,067,082 0.1%                                  
6.12 10000 North 31st Ave 958,236 0.1%                                  
6.13 The Centre - 4001 McEwen Road 890,855 0.1%                                  
6.14 4425 W Airport Fwy 752,205 0.1%                                  
6.15 Northlake - 2302 Parklake Dr NE 664,092 0.1%                                  
6.16 Northlake - 2305&2309 Parklake Dr NE 545,203 0.1%                                  
6.17 12100 Ford Road 502,118 0.1%                                  
6.18 The Centre - 4000N&S McEwen Road 421,131 0.1%                                  
7 HGI Savannah Historic District 26,500,000 3.4% 21,458,657 N 10/31/2017 12/11/2017   12/11/2017 11/11/2027   4.55000% 0.00149% 0.00860% 0.00500% 0.00050% 0.00029% 4.53412% Actual/360 135,060.04
8 Belden Park Crossing 23,000,000 2.9% 19,737,846 N 10/13/2017 12/6/2017 11/6/2019 12/6/2019 11/6/2027   4.68100% 0.00000% 0.00860% 0.00500% 0.00050% 0.00029% 4.66661% Actual/360 119,024.18
9 One Century Place 22,300,000 2.8% 22,300,000 N 10/19/2017 12/6/2017 11/6/2027   11/6/2027   3.79000% 0.00000% 0.00860% 0.00500% 0.00050% 0.00029% 3.77561% Actual/360 71,409.04
10 61 Grove Street 21,650,000 2.8% 21,650,000 N 10/30/2017 12/6/2017 11/6/2027   11/6/2027   4.37000% 0.00149% 0.00860% 0.00500% 0.00050% 0.00029% 4.35412% Actual/360 79,937.11
11 777 Township Line Road 21,000,000 2.7% 17,983,030 N 10/6/2017 11/6/2017 10/6/2019 11/6/2019 10/6/2027   4.59800% 0.00149% 0.00860% 0.00500% 0.00050% 0.00029% 4.58212% Actual/360 107,630.22
12 The View at Marlton 20,500,000 2.6% 17,592,868 N 9/27/2017 11/6/2017 10/6/2019 11/6/2019 10/6/2027   4.68000% 0.00149% 0.00860% 0.00500% 0.00050% 0.00029% 4.66412% Actual/360 106,074.46
13 Corporate Center I & III 20,250,000 2.6% 17,052,763 N 11/2/2017 12/6/2017   12/6/2017 11/6/2027   5.77000% 0.00149% 0.00860% 0.00500% 0.00050% 0.00029% 5.75412% Actual/360 118,430.91
14 DoubleTree Berkeley Marina 20,000,000 2.5% 17,435,073 N 8/9/2017 10/6/2017 3/6/2020 4/6/2020 9/6/2027   4.82000% 0.00000% 0.00860% 0.00500% 0.00050% 0.00029% 4.80561% Actual/360 105,174.99
15 Redmont Hotel Curio 19,000,000 2.4% 15,765,168 N 10/26/2017 12/6/2017   12/6/2017 11/6/2027   5.29100% 0.00149% 0.00860% 0.00500% 0.00050% 0.00029% 5.27512% Actual/360 105,401.72
16 555 De Haro 19,000,000 2.4% 19,000,000 N 10/12/2017 12/6/2017 11/6/2027   11/6/2027   4.31000% 0.00149% 0.00860% 0.03500% 0.00050% 0.00029% 4.26412% Actual/360 69,189.47
17 Macedonia Commons 18,000,000 2.3% 15,735,763 N 8/30/2017 10/6/2017 9/6/2020 10/6/2020 9/6/2027   4.45000% 0.00149% 0.00860% 0.00500% 0.00050% 0.00029% 4.43412% Actual/360 90,669.38
18 Northwoods Center 16,975,000 2.2% 15,510,665 N 8/25/2017 10/6/2017 9/6/2022 10/6/2022 9/6/2027   4.41000% 0.00149% 0.00860% 0.00500% 0.00050% 0.00029% 4.39412% Actual/360 85,104.47
19 100-102 Forsyth Street 16,000,000 2.0% 16,000,000 N 7/12/2017 9/6/2017 8/6/2027   8/6/2027   4.97000% 0.00149% 0.00860% 0.00500% 0.00050% 0.00029% 4.95412% Actual/360 67,187.04
20 Hilton Houston Galleria TX 15,600,000 2.0% 13,934,428 N 10/24/2017 12/11/2017   12/11/2017 11/11/2022   5.24000% 0.00149% 0.00860% 0.00500% 0.00050% 0.00029% 5.22412% Actual/360 93,390.63
21 Del Amo Fashion Center 15,000,000 1.9% 15,000,000 N 5/12/2017 7/1/2017 6/1/2027   6/1/2027   3.65750% 0.00000% 0.00860% 0.00375% 0.00050% 0.00029% 3.64436% Actual/360 46,353.73
22 Hallandale Self Storage 13,540,000 1.7% 11,874,278 N 9/29/2017 11/6/2017 10/6/2020 11/6/2020 10/6/2027   4.58600% 0.00149% 0.00860% 0.00500% 0.00050% 0.00029% 4.57012% Actual/360 69,298.81
23 Springville Heights Condominium 13,500,000 1.7% 13,500,000 N 10/25/2017 12/6/2017 11/6/2027   11/6/2027   4.82000% 0.00149% 0.00860% 0.00500% 0.00050% 0.00029% 4.80412% Actual/360 54,978.13
24 HGI Plymouth 13,100,000 1.7% 11,055,608 N 10/16/2017 12/11/2017 11/11/2018 12/11/2018 11/11/2027   4.99000% 0.00149% 0.00860% 0.04250% 0.00050% 0.00029% 4.93662% Actual/360 70,243.59
25 1030-1040 Broad Street 13,000,000 1.7% 11,282,306 N 10/11/2017 12/6/2017 11/6/2019 12/6/2019 11/6/2027   5.12000% 0.00149% 0.00860% 0.00500% 0.00050% 0.00029% 5.10412% Actual/360 70,743.32
26 Columbia Park Shopping Center 12,700,000 1.6% 12,700,000 N 5/10/2017 7/6/2017 6/6/2027   6/6/2027   4.80200% 0.00000% 0.00860% 0.00500% 0.00050% 0.00029% 4.78761% Actual/360 51,527.02
27 Dublin Corners 12,484,800 1.6% 10,074,021 N 10/6/2017 11/11/2017   11/11/2017 10/11/2027   4.41000% 0.00149% 0.00860% 0.00500% 0.00050% 0.00029% 4.39412% Actual/360 62,668.97
28 Residence Inn Omaha Aksarben Village 12,000,000 1.5% 9,861,029 N 10/31/2017 12/6/2017   12/6/2017 11/6/2027   4.99000% 0.00149% 0.00860% 0.00500% 0.00050% 0.00029% 4.97412% Actual/360 64,345.28
29 Simi Valley Industrial Park 11,550,000 1.5% 11,550,000 N 9/21/2017 11/6/2017 10/6/2027   10/6/2027   3.94200% 0.00149% 0.00860% 0.03250% 0.00050% 0.00029% 3.89862% Actual/360 38,468.72
30 Plaza de Hacienda 11,056,857 1.4% 7,936,215 N 9/5/2017 10/6/2017   10/6/2017 9/6/2027   3.83000% 0.00149% 0.00860% 0.04500% 0.00050% 0.00029% 3.77412% Actual/360 57,553.01
31 Northern Ohio Industrial Park 11,000,000 1.4% 8,888,154 N 10/11/2017 12/6/2017   12/6/2017 11/6/2027   4.48700% 0.00149% 0.00860% 0.04500% 0.00050% 0.00029% 4.43112% Actual/360 55,650.45
32 Cascade Building 10,000,000 1.3% 10,000,000 N 9/18/2017 11/6/2017 10/6/2027   10/6/2027   3.64500% 0.00149% 0.00860% 0.00500% 0.00050% 0.00029% 3.62912% Actual/360 30,796.88
33 Paseo Lindo 9,145,000 1.2% 9,145,000 N 9/15/2017 11/6/2017 10/6/2027   10/6/2027   4.23000% 0.00149% 0.00860% 0.05500% 0.00050% 0.00029% 4.16412% Actual/360 32,683.85
34 Marengo Plaza 8,989,708 1.1% 7,321,339 N 9/19/2017 11/6/2017   11/6/2017 10/6/2027   4.68300% 0.00149% 0.00860% 0.00500% 0.00050% 0.00029% 4.66712% Actual/360 46,585.49
35 444-446 86th Street 8,650,000 1.1% 8,650,000 N 10/4/2017 11/11/2017 10/11/2027   10/11/2027   4.59000% 0.00149% 0.00860% 0.00500% 0.00050% 0.00029% 4.57412% Actual/360 33,545.78
36 Alton Business Park 8,500,000 1.1% 8,500,000 N 9/21/2017 11/6/2017 10/6/2027   10/6/2027   3.94200% 0.00149% 0.00860% 0.03250% 0.00050% 0.00029% 3.89862% Actual/360 28,310.31
37 Willowick Business Park 8,450,000 1.1% 8,450,000 N 9/21/2017 11/6/2017 10/6/2027   10/6/2027   3.94200% 0.00149% 0.00860% 0.03250% 0.00050% 0.00029% 3.89862% Actual/360 28,143.78
38 Omega Self Storage – Amityville Portfolio 7,980,171 1.0% 6,482,616 N 9/1/2017 10/11/2017   10/11/2017 9/11/2027   4.57000% 0.00149% 0.00860% 0.00500% 0.00050% 0.00029% 4.55412% Actual/360 40,868.24
38.01 185-Omega Self Storage 6,254,459 0.8%                                  
38.02 491-Omega Storage Inc. 1,725,712 0.2%                                  
39 Walnut Grove Medical Center 7,800,000 1.0% 7,800,000 N 10/27/2017 12/6/2017 11/6/2027   11/6/2027   4.54300% 0.00149% 0.00860% 0.05250% 0.00050% 0.00029% 4.47962% Actual/360 29,939.63
40 Tustin Mayfair Plaza 7,500,000 1.0% 7,500,000 N 10/17/2017 12/11/2017 11/11/2027   11/11/2027   4.51000% 0.00149% 0.00860% 0.00500% 0.00050% 0.00029% 4.49412% Actual/360 28,578.99
41 Water Tower Self Storage 7,125,000 0.9% 5,955,240 N 9/28/2017 11/11/2017 10/11/2018 11/11/2018 10/11/2027   4.66000% 0.00149% 0.00860% 0.00500% 0.00050% 0.00029% 4.64412% Actual/360 36,781.84
42 RSM Business Park 6,890,000 0.9% 6,890,000 N 9/21/2017 11/6/2017 10/6/2027   10/6/2027   3.94200% 0.00149% 0.00860% 0.03250% 0.00050% 0.00029% 3.89862% Actual/360 22,948.01
43 Avenue Hall Executive Center 6,845,000 0.9% 6,845,000 N 9/21/2017 11/6/2017 10/6/2027   10/6/2027   3.94200% 0.00149% 0.00860% 0.03250% 0.00050% 0.00029% 3.89862% Actual/360 22,798.13
44 Comfort Suites Hilton Head Bluffton 5,971,076 0.8% 4,477,662 N 7/21/2017 9/6/2017   9/6/2017 8/6/2027   4.95000% 0.00149% 0.00860% 0.00500% 0.00050% 0.00029% 4.93412% Actual/360 34,900.84
45 Harbor Court Plaza 5,500,000 0.7% 4,711,639 N 8/4/2017 9/6/2017 8/6/2019 9/6/2019 8/6/2027   4.61200% 0.00149% 0.00860% 0.00500% 0.00050% 0.00029% 4.59612% Actual/360 28,234.90
46 Boulevard Square II 4,948,007 0.6% 4,035,875 N 9/11/2017 10/6/2017   10/6/2017 9/6/2027   4.69200% 0.00149% 0.00860% 0.03250% 0.00050% 0.00029% 4.64862% Actual/360 25,700.59
47 Shaw Blackstone Center-CA 4,850,000 0.6% 4,146,827 N 10/2/2017 11/11/2017 10/11/2019 11/11/2019 10/11/2027   4.54000% 0.00149% 0.00860% 0.00500% 0.00050% 0.00029% 4.52412% Actual/360 24,689.64
48 Hampton Inn - Marshall 4,402,705 0.6% 3,248,570 N 9/18/2017 11/6/2017   11/6/2017 10/6/2027   4.60000% 0.00149% 0.00860% 0.00500% 0.00050% 0.00029% 4.58412% Actual/360 24,763.20
49 Rite Aid Dunmore 3,800,000 0.5% 2,866,428 N 10/17/2017 12/6/2017   12/6/2017 11/6/2027   5.25000% 0.00149% 0.00860% 0.00500% 0.00050% 0.00029% 5.23412% Actual/360 22,771.41
50 Kirkwood Center 1,795,702 0.2% 1,120,421 N 9/22/2017 11/11/2017   11/11/2017 10/11/2027   4.70000% 0.00149% 0.00860% 0.00500% 0.00050% 0.00029% 4.68412% Actual/360 11,582.93
51 Preferred Self Storage 1,198,611 0.2% 974,430 N 9/12/2017 11/11/2017   11/11/2017 10/11/2027   4.63000% 0.00149% 0.00860% 0.00500% 0.00050% 0.00029% 4.61412% Actual/360 6,173.27
52 Dollar General E. Peoria 1,015,000 0.1% 1,015,000 Y 10/23/2017 12/6/2017 11/6/2027   11/6/2027 11/6/2032 4.91000% 0.00149% 0.00860% 0.00500% 0.00050% 0.00029% 4.89412% Actual/360 4,210.72

 

A-1-2

 

 

ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES

 

Mortgage Loan Number Property Name Amortization Type Interest Accrual Method During IO Original Term to Maturity or ARD (Mos.) Remaining Term to Maturity or ARD (Mos.) Original IO
Period (Mos.)
Remaining IO
Period (Mos.)
Original Amort Term (Mos.) Remaining Amort Term (Mos.) Seasoning Prepayment Provisions Grace Period Default (Days)(3) Grace Period Late (Days) Appraised Value ($)(4) Appraisal Date Coop -Rental Value  Coop - LTV as Rental Coop - Unsold Percent
1 Headquarters Plaza Interest-only, Balloon Actual/360 120 120 120 120 0 0 0 L(24),D(92),O(4) 0 0 239,000,000 8/22/2017      
2 Marriott LAX Amortizing Balloon   120 112 0 0 360 352 8 L(32),D(84),O(4) 0 0 300,800,000 2/1/2018      
3 Mall of Louisiana Interest-only, Amortizing Balloon Actual/360 120 117 36 33 360 360 3 L(27),D(89),O(4) 0 0 570,000,000 6/23/2017      
4 Adler Portfolio Interest-only, Amortizing Balloon Actual/360 120 120 36 36 300 300 0 L(24),D(92),O(4) 0 0 81,630,000 Various      
4.01 Carmel Executive Park                         26,730,000 8/30/2017      
4.02 Vista Point North                         14,710,000 8/24/2017      
4.03 Greenbriar Business Park                         12,000,000 8/25/2017      
4.04 Plaza Southwest                         7,250,000 9/6/2017      
4.05 Commerce Park North                         6,200,000 9/7/2017      
4.06 Crescent 10 Facility                         6,100,000 9/7/2017      
4.07 Technipark Ten Service Center                         5,620,000 9/7/2017      
4.08 Westchase Park                         3,020,000 9/6/2017      
5 U.S. Industrial Portfolio III Interest-only, Amortizing Balloon Actual/360 120 120 60 60 360 360 0 L(24),D(89),O(7) 0 5 166,300,000 6/16/2017      
5.01 2121 Gardner Street                         21,900,000 6/5/2017      
5.02 975 Cottonwood Avenue                         13,500,000 5/23/2017      
5.03 4925 Bulls Bay Highway                         13,150,000 5/30/2017      
5.04 1500 Southeast 37th Street                         10,000,000 5/25/2017      
5.05 10450 Medallion Drive                         9,800,000 5/24/2017      
5.06 1501 Industrial Boulevard                         9,800,000 6/1/2017      
5.07 1001 DDC Way                         8,510,000 5/25/2017      
5.08 1152 Armorlite Drive                         6,930,000 6/2/2017      
5.09 3800 West Broward Boulevard                         6,800,000 6/1/2017      
5.10 2900 & 2950 Hill Avenue                         6,750,000 5/25/2017      
5.11 1700 Highland Road                         6,525,000 6/2/2017      
5.12 1972 Salem Industrial Drive                         6,500,000 6/5/2017      
5.13 1800 University Parkway                         6,400,000 5/30/2017      
5.14 621 Hunt Valley Circle                         5,200,000 5/25/2017      
5.15 5000 Askins Lane                         4,850,000 6/1/2017      
5.16 900 Chaddick Drive                         4,700,000 6/2/2017      
5.17 6600 Chapek Parkway                         4,500,000 6/2/2017      
5.18 53208 Columbia Drive                         4,400,000 6/1/2017      
5.19 7750 Hub Parkway                         4,225,000 6/2/2017      
5.20 21699 Torrence Avenue & 2701 Kalvelage Drive                         2,800,000 6/1/2017      
5.21 3221 Cherry Palm Drive                         2,700,000 5/30/2017      
6 National Office Portfolio Amortizing Balloon   120 119 0 0 360 359 1 L(25),D(91),O(4) 0 0 287,750,000 Various      
6.01 8330 LBJ Freeway                         42,750,000 7/15/2017      
6.02 101 East Park Boulevard                         36,100,000 7/15/2017      
6.03 13601 Preston Road                         27,500,000 7/14/2017      
6.04 1750 East Golf Road                         35,400,000 7/13/2017      
6.05 14800 Quorum Drive                         13,550,000 7/15/2017      
6.06 1995 North Park Place                         12,200,000 7/18/2017      
6.07 Northlake - 2295 Parklake Dr NE                         10,600,000 7/18/2017      
6.08 4751 Best Road                         11,900,000 7/18/2017      
6.09 The Centre - 4101 McEwen Road                         12,100,000 7/14/2017      
6.10 The Centre - 4099 McEwen Road                         11,800,000 7/14/2017      
6.11 11225 North 28th Drive                         9,070,000 7/13/2017      
6.12 10000 North 31st Ave                         9,900,000 7/13/2017      
6.13 The Centre - 4001 McEwen Road                         10,000,000 7/14/2017      
6.14 4425 W Airport Fwy                         8,400,000 7/14/2017      
6.15 Northlake - 2302 Parklake Dr NE                         11,800,000 7/18/2017      
6.16 Northlake - 2305&2309 Parklake Dr NE                         5,880,000 7/18/2017      
6.17 12100 Ford Road                         12,500,000 7/14/2017      
6.18 The Centre - 4000N&S McEwen Road                         6,300,000 7/14/2017      
7 HGI Savannah Historic District Amortizing Balloon   120 120 0 0 360 360 0 L(24),D(91),O(5) 0 0 56,100,000 9/1/2018      
8 Belden Park Crossing Interest-only, Amortizing Balloon Actual/360 120 120 24 24 360 360 0 L(24),D(92),O(4) 0 0 68,600,000 9/1/2017      
9 One Century Place Interest-only, Balloon Actual/360 120 120 120 120 0 0 0 L(23),GRTR 1% or YM(91),O(6) 0 0 102,000,000 9/15/2017      
10 61 Grove Street Interest-only, Balloon Actual/360 120 120 120 120 0 0 0 L(24),D(92),O(4) 0 5 39,500,000 8/29/2017      
11 777 Township Line Road Interest-only, Amortizing Balloon Actual/360 120 119 24 23 360 360 1 L(25),D(90),O(5) 0 0 28,000,000 8/25/2017      
12 The View at Marlton Interest-only, Amortizing Balloon Actual/360 120 119 24 23 360 360 1 L(25),D(91),O(4) 0 0 36,500,000 2/1/2018      
13 Corporate Center I & III Amortizing Balloon   120 120 0 0 360 360 0 L(24),D(93),O(3) 0 0 30,300,000 10/12/2017      
14 DoubleTree Berkeley Marina Interest-only, Amortizing Balloon Actual/360 120 118 30 28 360 360 2 L(26),D(90),O(4) 0 0 100,300,000 4/11/2017      
15 Redmont Hotel Curio Amortizing Balloon   120 120 0 0 360 360 0 L(24),D(92),O(4) 0 0 31,800,000 9/6/2017      
16 555 De Haro Interest-only, Balloon Actual/360 120 120 120 120 0 0 0 L(24),D(92),O(4) 0 0 27,000,000 8/23/2017      
17 Macedonia Commons Interest-only, Amortizing Balloon Actual/360 120 118 36 34 360 360 2 L(26),D(90),O(4) 0 0 48,500,000 7/16/2017      
18 Northwoods Center Interest-only, Amortizing Balloon Actual/360 120 118 60 58 360 360 2 L(26),D(91),O(3) 0 0 24,750,000 7/13/2017      
19 100-102 Forsyth Street Interest-only, Balloon Actual/360 120 117 120 117 0 0 3 L(27),D(89),O(4) 0 0 24,000,000 6/30/2017      
20 Hilton Houston Galleria TX Amortizing Balloon   60 60 0 0 300 300 0 L(24),D(32),O(4) 0 0 25,400,000 7/20/2018      
21 Del Amo Fashion Center Interest-only, Balloon Actual/360 120 115 120 115 0 0 5 L(29),D(84),O(7) 0 0 1,155,000,000 4/23/2017      
22 Hallandale Self Storage Interest-only, Amortizing Balloon Actual/360 120 119 36 35 360 360 1 L(25),D(92),O(3) 0 0 18,100,000 11/3/2017      
23 Springville Heights Condominium Interest-only, Balloon Actual/360 120 120 120 120 0 0 0 L(24),D(92),O(4) 0 0 22,100,000 8/21/2017      
24 HGI Plymouth Interest-only, Amortizing Balloon Actual/360 120 120 12 12 360 360 0 L(24),GRTR 1% or YM(92),O(4) 0 5 20,200,000 9/5/2017      
25 1030-1040 Broad Street Interest-only, Amortizing Balloon Actual/360 120 120 24 24 360 360 0 L(24),D(92),O(4) 0 0 19,000,000 7/7/2017      
26 Columbia Park Shopping Center Interest-only, Balloon Actual/360 120 115 120 115 0 0 5 L(29),D(88),O(3) 0 0 103,900,000 4/3/2017      
27 Dublin Corners Amortizing Balloon   120 119 0 0 360 359 1 L(25),D(91),O(4) 0 0 21,050,000 8/9/2017      
28 Residence Inn Omaha Aksarben Village Amortizing Balloon Actual/360 120 120 0 0 360 360 0 L(24),D(93),O(3) 0 0 17,700,000 9/25/2017      
29 Simi Valley Industrial Park Interest-only, Balloon Actual/360 120 119 120 119 0 0 1 L(25),D(91),O(4) 0 0 22,400,000 8/8/2017      
30 Plaza de Hacienda Amortizing Balloon   120 118 0 0 300 298 2 L(26),D(90),O(4) 0 0 21,400,000 7/19/2017      
31 Northern Ohio Industrial Park Amortizing Balloon   120 120 0 0 360 360 0 L(24),D(91),O(5) 0 0 15,900,000 6/29/2017      
32 Cascade Building Interest-only, Balloon Actual/360 120 119 120 119 0 0 1 L(25),D(91),O(4) 0 0 25,500,000 8/28/2017      
33 Paseo Lindo Interest-only, Balloon Actual/360 120 119 120 119 0 0 1 L(25),D(91),O(4) 0 0 14,840,000 7/28/2017      
34 Marengo Plaza Amortizing Balloon   120 119 0 0 360 359 1 L(25),D(91),O(4) 0 0 16,700,000 7/10/2017      
35 444-446 86th Street Interest-only, Balloon Actual/360 120 119 120 119 0 0 1 L(25),D(91),O(4) 0 0 13,700,000 8/3/2017      
36 Alton Business Park Interest-only, Balloon Actual/360 120 119 120 119 0 0 1 L(25),D(91),O(4) 0 0 17,000,000 8/2/2017      
37 Willowick Business Park Interest-only, Balloon Actual/360 120 119 120 119 0 0 1 L(25),D(91),O(4) 0 0 18,900,000 7/28/2017      
38 Omega Self Storage – Amityville Portfolio Amortizing Balloon   120 118 0 0 360 358 2 L(26),D(90),O(4) 0 0 13,550,000 6/30/2017      
38.01 185-Omega Self Storage                         10,650,000 6/30/2017      
38.02 491-Omega Storage Inc.                         2,900,000 6/30/2017      
39 Walnut Grove Medical Center Interest-only, Balloon Actual/360 120 120 120 120 0 0 0 L(24),D(92),O(4) 0 0 13,000,000 9/7/2017      
40 Tustin Mayfair Plaza Interest-only, Balloon Actual/360 120 120 120 120 0 0 0 L(24),D(92),O(4) 0 0 15,050,000 2/1/2018      
41 Water Tower Self Storage Interest-only, Amortizing Balloon Actual/360 120 119 12 11 360 360 1 L(25),D(91),O(4) 0 0 10,400,000 8/28/2017      
42 RSM Business Park Interest-only, Balloon Actual/360 120 119 120 119 0 0 1 L(25),D(91),O(4) 0 0 13,600,000 8/2/2017      
43 Avenue Hall Executive Center Interest-only, Balloon Actual/360 120 119 120 119 0 0 1 L(25),D(91),O(4) 0 0 12,700,000 8/8/2017      
44 Comfort Suites Hilton Head Bluffton Amortizing Balloon   120 117 0 0 300 297 3 L(27),D(90),O(3) 0 0 9,300,000 5/24/2017      
45 Harbor Court Plaza Interest-only, Amortizing Balloon Actual/360 120 117 24 21 360 360 3 L(27),D(88),O(5) 0 0 8,000,000 7/11/2017      
46 Boulevard Square II Amortizing Balloon   120 118 0 0 360 358 2 L(26),D(90),O(4) 0 0 6,860,000 5/22/2017      
47 Shaw Blackstone Center-CA Interest-only, Amortizing Balloon Actual/360 120 119 24 23 360 360 1 L(25),D(91),O(4) 0 0 6,900,000 8/10/2017      
48 Hampton Inn - Marshall Amortizing Balloon   120 119 0 0 300 299 1 L(25),D(91),O(4) 0 0 6,600,000 8/14/2017      
49 Rite Aid Dunmore Amortizing Balloon   120 120 0 0 300 300 0 L(24),D(92),O(4) 0 0 5,900,000 5/20/2017      
50 Kirkwood Center Amortizing Balloon   120 119 0 0 240 239 1 L(25),D(91),O(4) 0 0 3,420,000 12/29/2017      
51 Preferred Self Storage Amortizing Balloon   120 119 0 0 360 359 1 L(25),GRTR 1% or YM(91),O(4) 0 0 2,050,000 8/3/2017      
52 Dollar General E. Peoria Interest-only, ARD Actual/360 120 120 120 120 0 0 0 YM(24),YM or D(89),O(7) 0 0 1,450,000 8/13/2017      

 

A-1-3

 

 

ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES

 

Mortgage Loan Number Property Name  Coop - Sponsor Units  Coop - Investor Units  Coop - Units Coop - Sponsor Carry Coop - Committed Secondary Debt U/W NOI
DSCR (x)(5)(6)
U/W NCF
DSCR (x)(5)(6)
Cut-off Date LTV Ratio(4)(5)(6) LTV Ratio at Maturity or ARD(4)(5)(6) Cut-off Date U/W NOI Debt Yield(5)(6) Cut-off Date U/W NCF Debt Yield(5)(6) U/W
Revenues ($)(2)(8)(12)
U/W
Expenses ($)
U/W Net Operating Income ($)(7) U/W
Replacement ($)
U/W
TI/LC ($)
U/W
Net Cash Flow ($)(7)
Occupancy Rate(2)(8)(9) Occupancy as-of Date
1 Headquarters Plaza           2.56 2.23 62.8% 62.8% 11.3% 9.8% 39,606,385 22,663,110 16,943,274 145,903 1,195,318 14,740,419 91.8% 8/1/2017
2 Marriott LAX           2.10 1.72 48.3% 40.2% 13.8% 11.4% 72,058,354 51,979,491 20,078,862 3,602,918 0 16,475,945 84.6% 12/31/2016
3 Mall of Louisiana           1.94 1.85 57.0% 49.3% 11.1% 10.6% 43,215,234 7,152,311 36,062,923 155,358 1,473,928 34,433,637 91.8% 6/30/2017
4 Adler Portfolio           2.30 1.88 49.4% 40.7% 15.1% 12.3% 12,623,243 6,535,092 6,088,151 264,514 847,680 4,975,958 87.7% 10/31/2017
4.01 Carmel Executive Park                       4,204,603 2,243,537 1,961,066 79,711 414,973 1,466,383 91.9% 10/31/2017
4.02 Vista Point North                       2,332,127 1,242,391 1,089,736 70,529 135,413 883,794 88.0% 10/31/2017
4.03 Greenbriar Business Park                       1,717,056 812,784 904,273 20,348 120,908 763,016 89.8% 10/31/2017
4.04 Plaza Southwest                       1,306,175 463,833 842,342 34,920 90,483 716,939 89.6% 10/31/2017
4.05 Commerce Park North                       949,754 463,731 486,024 14,600 26,888 444,536 92.1% 10/31/2017
4.06 Crescent 10 Facility                       920,751 516,616 404,136 26,483 32,199 345,454 84.0% 10/31/2017
4.07 Technipark Ten Service Center                       895,011 437,907 457,103 10,751 22,762 423,591 92.5% 10/31/2017
4.08 Westchase Park                       297,764 354,293 -56,529 7,172 4,053 -67,755 46.6% 10/31/2017
5 U.S. Industrial Portfolio III           1.60 1.48 72.5% 66.0% 9.4% 8.6% 15,292,243 3,981,653 11,310,590 298,573 596,602 10,415,416 100.0% 11/1/2017
5.01 2121 Gardner Street                       2,062,450 387,747 1,674,703 37,827 87,002 1,549,874 100.0% 11/1/2017
5.02 975 Cottonwood Avenue                       1,223,928 205,262 1,018,666 17,504 33,258 967,904 100.0% 11/1/2017
5.03 4925 Bulls Bay Highway                       1,243,942 257,216 986,726 19,841 53,570 913,315 100.0% 11/1/2017
5.04 1500 Southeast 37th Street                       992,306 275,561 716,745 24,826 17,378 674,541 100.0% 11/1/2017
5.05 10450 Medallion Drive                       1,118,726 335,117 783,609 15,151 48,482 719,977 100.0% 11/1/2017
5.06 1501 Industrial Boulevard                       872,202 213,931 658,271 11,225 25,818 621,228 100.0% 11/1/2017
5.07 1001 DDC Way                       814,158 127,549 686,609 13,289 50,497 622,823 100.0% 11/1/2017
5.08 1152 Armorlite Drive                       436,922 101,352 335,570 4,431 24,815 306,323 100.0% 11/1/2017
5.09 3800 West Broward Boulevard                       631,482 82,762 548,720 6,538 37,918 504,265 100.0% 11/1/2017
5.10 2900 & 2950 Hill Avenue                       846,184 305,152 541,032 23,770 14,262 503,001 100.0% 11/1/2017
5.11 1700 Highland Road                       660,594 153,880 506,714 11,517 12,669 482,529 100.0% 11/1/2017
5.12 1972 Salem Industrial Drive                       736,290 200,127 536,163 31,714 28,543 475,906 100.0% 11/1/2017
5.13 1800 University Parkway                       630,659 151,061 479,598 10,575 26,438 442,585 100.0% 11/1/2017
5.14 621 Hunt Valley Circle                       595,335 104,091 491,244 6,180 15,449 469,616 100.0% 11/1/2017
5.15 5000 Askins Lane                       484,886 145,675 339,211 10,004 50,020 279,187 100.0% 11/1/2017
5.16 900 Chaddick Drive                       0 314,806 -314,806 7,590 0 -322,396 100.0% 11/1/2017
5.17 6600 Chapek Parkway                       496,986 169,621 327,365 15,795 7,898 303,673 100.0% 11/1/2017
5.18 53208 Columbia Drive                       540,532 123,784 416,748 11,794 30,664 374,291 100.0% 11/1/2017
5.19 7750 Hub Parkway                       496,986 169,621 327,365 8,340 6,672 312,353 100.0% 11/1/2017
5.20 21699 Torrence Avenue & 2701 Kalvelage Drive                       318,473 87,695 230,778 6,800 13,599 210,379 100.0% 11/1/2017
5.21 3221 Cherry Palm Drive                       339,738 73,689 266,049 3,862 11,650 250,537 100.0% 11/1/2017
6 National Office Portfolio           1.81 1.64 64.2% 52.2% 11.1% 10.1% 38,630,025 18,051,854 20,578,171 643,175 1,286,350 18,648,646 77.5% 8/31/2017
6.01 8330 LBJ Freeway                       5,864,932 2,378,455 3,486,477 95,346 190,692 3,200,440 85.3% 8/31/2017
6.02 101 East Park Boulevard                       4,277,940 1,429,865 2,848,075 56,361 112,723 2,678,991 87.1% 8/31/2017
6.03 13601 Preston Road                       3,875,726 1,661,164 2,214,562 65,494 130,988 2,018,081 82.0% 8/31/2017
6.04 1750 East Golf Road                       5,773,927 2,991,546 2,782,381 53,053 106,106 2,623,222 97.3% 8/31/2017
6.05 14800 Quorum Drive                       1,518,306 612,070 906,236 25,969 51,939 828,328 76.7% 8/31/2017
6.06 1995 North Park Place                       1,627,072 727,946 899,126 24,980 49,960 824,186 76.9% 8/31/2017
6.07 Northlake - 2295 Parklake Dr NE                       1,927,363 900,434 1,026,929 30,382 60,764 935,783 79.8% 8/31/2017
6.08 4751 Best Road                       1,551,928 672,927 879,001 23,271 46,542 809,188 84.2% 8/31/2017
6.09 The Centre - 4101 McEwen Road                       1,383,837 738,917 644,920 31,082 62,163 551,675 61.3% 8/31/2017
6.10 The Centre - 4099 McEwen Road                       1,647,099 827,041 820,058 30,928 61,856 727,275 77.6% 8/31/2017
6.11 11225 North 28th Drive                       1,412,021 918,942 493,079 33,875 67,751 391,454 78.6% 8/31/2017
6.12 10000 North 31st Ave                       1,326,083 854,686 471,397 32,045 64,090 375,262 64.4% 8/31/2017
6.13 The Centre - 4001 McEwen Road                       1,177,647 515,000 662,647 23,798 47,596 591,253 70.3% 8/31/2017
6.14 4425 W Airport Fwy                       1,216,108 593,500 622,608 21,303 42,606 558,699 71.6% 8/31/2017
6.15 Northlake - 2302 Parklake Dr NE                       910,557 679,542 231,014 27,806 55,612 147,597 42.3% 8/31/2017
6.16 Northlake - 2305&2309 Parklake Dr NE                       1,050,901 423,736 627,165 16,290 32,579 578,297 70.0% 8/31/2017
6.17 12100 Ford Road                       1,274,376 764,345 510,031 39,501 79,002 391,528 57.2% 8/31/2017
6.18 The Centre - 4000N&S McEwen Road                       814,202 361,738 452,464 11,692 23,385 417,387 100.0% 8/31/2017
7 HGI Savannah Historic District           2.03 1.81 47.2% 38.3% 12.4% 11.1% 8,930,140 5,631,974 3,298,166 357,206 0 2,940,961 90.6% 8/31/2017
8 Belden Park Crossing           1.71 1.61 74.3% 63.8% 10.6% 10.0% 7,866,498 2,449,394 5,417,104 72,598 238,094 5,106,412 96.7% 9/29/2017
9 One Century Place           3.00 2.73 65.0% 65.0% 11.5% 10.5% 12,080,931 4,449,986 7,630,945 124,861 538,792 6,967,293 99.8% 10/11/2017
10 61 Grove Street           1.50 1.49 54.8% 54.8% 6.7% 6.6% 1,825,172 382,105 1,443,067 2,100 7,502 1,433,465 91.7% 9/1/2017
11 777 Township Line Road           1.53 1.40 75.0% 64.2% 9.4% 8.6% 3,396,888 1,426,482 1,970,406 22,000 140,218 1,808,188 90.6% 10/01/207
12 The View at Marlton           1.39 1.32 72.6% 62.3% 8.6% 8.2% 3,129,139 848,755 2,280,383 18,214 91,069 2,171,101 100.0% 9/27/2017
13 Corporate Center I & III           1.49 1.31 66.8% 56.3% 10.5% 9.2% 2,544,232 426,553 2,117,679 -6,000 262,206 1,861,473 100.0% 10/12/2017
14 DoubleTree Berkeley Marina           2.23 1.86 52.3% 45.6% 14.1% 11.7% 31,423,806 24,020,252 7,403,554 1,256,952 0 6,146,602 90.3% 6/30/2017
15 Redmont Hotel Curio           1.90 1.66 59.7% 49.6% 12.7% 11.0% 7,708,491 5,303,779 2,404,712 308,340 0 2,096,372 76.2% 9/30/2017
16 555 De Haro           1.84 1.76 70.4% 70.4% 8.0% 7.7% 2,294,724 769,908 1,524,817 10,489 49,946 1,464,382 100.0% 8/1/2017
17 Macedonia Commons           1.94 1.80 70.5% 61.6% 11.7% 10.9% 5,436,646 1,426,916 4,009,729 46,832 240,539 3,722,358 96.5% 6/23/2017
18 Northwoods Center           1.68 1.60 68.6% 62.7% 10.1% 9.6% 2,280,084 561,456 1,718,627 27,867 61,462 1,629,299 100.0% 8/7/2017
19 100-102 Forsyth Street           1.35 1.34 66.7% 66.7% 6.8% 6.7% 1,426,665 340,426 1,086,239 9,690 0 1,076,549 97.8% 7/1/2017
20 Hilton Houston Galleria TX           2.35 2.00 61.4% 54.9% 16.9% 14.4% 9,739,607 7,105,206 2,634,402 389,584 0 2,244,818 72.2% 9/30/2017
21 Del Amo Fashion Center           3.48 3.34 39.8% 39.8% 12.9% 12.4% 81,259,520 21,915,628 59,343,892 223,460 2,154,999 56,965,434 85.2% 5/15/2017
22 Hallandale Self Storage           1.52 1.50 74.8% 65.6% 9.3% 9.2% 1,859,829 596,215 1,263,613 15,073 0 1,248,540 86.2% 8/31/2017
23 Springville Heights Condominium           1.62 1.57 61.1% 61.1% 7.9% 7.7% 1,798,255 732,661 1,065,594 27,250 0 1,038,344 87.2% 9/27/2017
24 HGI Plymouth           2.08 1.79 64.9% 54.7% 13.4% 11.5% 6,210,767 4,455,872 1,754,895 248,431 0 1,506,465 74.4% 9/30/2017
25 1030-1040 Broad Street           1.57 1.41 68.4% 59.4% 10.2% 9.2% 2,492,696 1,160,745 1,331,951 24,853 108,056 1,199,042 100.0% 9/11/2017
26 Columbia Park Shopping Center           1.73 1.63 60.3% 60.3% 8.4% 7.9% 8,241,386 2,949,849 5,291,537 69,141 259,277 4,963,119 94.8% 4/25/2017
27 Dublin Corners           1.68 1.63 59.3% 47.9% 10.1% 9.8% 1,824,782 562,559 1,262,222 11,079 24,439 1,226,705 100.0% 9/30/2017
28 Residence Inn Omaha Aksarben Village           2.08 1.88 67.8% 55.7% 13.4% 12.1% 3,925,657 2,317,109 1,608,548 157,026 0 1,451,521 73.3% 8/31/2017
29 Simi Valley Industrial Park           2.91 2.63 51.6% 51.6% 11.6% 10.5% 1,911,120 568,693 1,342,427 43,326 86,651 1,212,451 92.4% 8/1/2017
30 Plaza de Hacienda           2.03 1.86 51.7% 37.1% 12.7% 11.6% 2,002,651 599,441 1,403,210 20,782 94,953 1,287,475 96.5% 7/31/2017
31 Northern Ohio Industrial Park           2.11 1.81 69.2% 55.9% 12.8% 11.0% 2,457,045 1,045,072 1,411,972 137,895 64,109 1,209,968 100.0% 7/1/2017
32 Cascade Building           3.26 3.13 39.2% 39.2% 12.1% 11.6% 1,899,881 694,539 1,205,342 19,080 28,620 1,157,643 79.3% 7/31/2017
33 Paseo Lindo           2.47 2.32 61.6% 61.6% 10.6% 9.9% 1,210,173 240,626 969,547 9,009 50,944 909,595 100.0% 9/5/2017
34 Marengo Plaza           1.70 1.64 53.8% 43.8% 10.6% 10.2% 1,164,014 215,021 948,993 4,471 28,044 916,478 94.7% 6/25/2017
35 444-446 86th Street           1.75 1.69 63.1% 63.1% 8.1% 7.9% 892,400 188,702 703,698 2,200 22,243 679,254 100.0% 11/1/2017
36 Alton Business Park           3.01 2.77 50.0% 50.0% 12.0% 11.1% 1,281,151 259,599 1,021,552 26,807 53,800 940,945 100.0% 9/1/2017
37 Willowick Business Park           3.25 2.84 44.7% 44.7% 13.0% 11.4% 1,670,086 572,726 1,097,360 43,060 94,929 959,371 93.9% 7/14/2017
38 Omega Self Storage – Amityville Portfolio           1.78 1.77 58.9% 47.8% 11.0% 10.9% 1,218,618 343,801 874,817 8,618 0 866,199 99.1% 9/30/2017
38.01 185-Omega Self Storage                       971,298 284,865 686,433 6,854 0 679,579 99.7% 9/30/2017
38.02 491-Omega Storage Inc.                       247,320 58,936 188,384 1,764 0 186,620 96.6% 9/30/2017
39 Walnut Grove Medical Center           2.34 2.08 60.0% 60.0% 10.8% 9.6% 1,258,130 418,397 839,733 8,119 82,817 748,796 94.2% 9/15/2017
40 Tustin Mayfair Plaza           2.35 2.27 49.8% 49.8% 10.8% 10.4% 1,087,761 281,020 806,741 8,268 20,670 777,803 100.0% 10/6/2017
41 Water Tower Self Storage           1.52 1.49 68.5% 57.3% 9.4% 9.2% 961,899 291,091 670,808 14,280 0 656,528 97.5% 8/28/2017
42 RSM Business Park           2.91 2.68 50.7% 50.7% 11.6% 10.7% 1,052,674 251,220 801,454 16,315 46,828 738,311 94.5% 8/1/2017
43 Avenue Hall Executive Center           2.96 2.66 53.9% 53.9% 11.8% 10.6% 1,115,649 304,870 810,779 16,591 65,432 728,756 96.5% 8/1/2017
44 Comfort Suites Hilton Head Bluffton           2.30 2.07 64.2% 48.1% 16.1% 14.5% 2,371,746 1,409,087 962,659 94,870 0 867,789 78.6% 5/31/2017
45 Harbor Court Plaza           1.61 1.50 68.8% 58.9% 9.9% 9.3% 840,732 294,883 545,849 6,009 30,046 509,794 89.2% 6/8/2017
46 Boulevard Square II           1.38 1.30 72.1% 58.8% 8.6% 8.1% 661,419 236,876 424,542 9,328 14,189 401,025 98.4% 8/28/2017
47 Shaw Blackstone Center-CA           1.69 1.58 70.3% 60.1% 10.3% 9.7% 699,532 198,322 501,210 6,846 25,674 468,690 100.0% 9/1/2017
48 Hampton Inn - Marshall           2.50 2.20 66.7% 49.2% 16.8% 14.9% 2,172,363 1,430,930 741,433 86,895 0 654,538 74.1% 7/31/2017
49 Rite Aid Dunmore           1.41 1.30 64.4% 48.6% 10.1% 9.3% 392,370 7,847 384,523 1,677 27,950 354,896 100.0% 11/1/2017
50 Kirkwood Center           1.63 1.58 52.5% 32.8% 12.6% 12.2% 293,816 67,630 226,186 1,405 5,269 219,512 100.0% 6/19/2017
51 Preferred Self Storage           2.04 1.97 58.5% 47.5% 12.6% 12.2% 275,172 123,995 151,177 5,303 0 145,874 99.3% 7/31/2017
52 Dollar General E. Peoria           1.81 1.78 70.0% 70.0% 9.0% 8.9% 94,288 2,829 91,460 1,365 0 90,095 100.0% 11/1/2017

 

A-1-4

 

 

ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES

 

Mortgage Loan Number Property Name U/W Hotel ADR(9) U/W Hotel RevPAR(9) Most Recent Period(9) Most Recent Revenues ($) Most Recent Expenses ($) Most
Recent
NOI ($)
Most Recent Capital Expenditures Most Recent NCF ($) Most Recent Hotel ADR Most Recent Hotel RevPAR Second Most Recent Period(9) Second Most Recent Revenues ($) Second Most Recent Expenses ($) Second Most Recent NOI ($) Second Most Recent Capital Expenditures Second Most Recent NCF ($) Second Most Recent Hotel ADR Second Most Recent Hotel RevPAR
1 Headquarters Plaza 168 149 TTM 8/31/2017 39,510,913 22,016,384 17,494,529 843,150 16,651,379 168 149 Actual 2016 39,036,653 22,376,710 16,659,943 844,625 15,815,318 167 148
2 Marriott LAX 160 135 Actual 2016 72,255,774 52,054,178 20,201,595 0 20,201,595 160 135 Actual 2015 68,991,437 50,469,387 18,522,050 0 18,522,050 148 128
3 Mall of Louisiana     TTM 4/30/2017 42,205,123 7,209,498 34,995,624 0 34,995,624     Actual 2016 42,235,214 7,196,737 35,038,477 0 35,038,477    
4 Adler Portfolio     TTM 9/30/2017 13,144,964 4,810,655 8,334,310 0 8,334,310     Actual 2016 13,074,834 4,869,136 8,205,698 0 8,205,698    
4.01 Carmel Executive Park     TTM 9/30/2017 4,183,494 1,617,487 2,566,007 0 2,566,007     Actual 2016 4,092,258 1,643,680 2,448,578 0 2,448,578    
4.02 Vista Point North     TTM 9/30/2017 2,296,168 879,863 1,416,305 0 1,416,305     Actual 2016 2,286,339 900,086 1,386,253 0 1,386,253    
4.03 Greenbriar Business Park     TTM 9/30/2017 1,908,450 512,070 1,396,379 0 1,396,379     Actual 2016 1,869,943 546,867 1,323,076 0 1,323,076    
4.04 Plaza Southwest     TTM 9/30/2017 1,406,649 487,863 918,786 0 918,786     Actual 2016 1,517,100 505,651 1,011,449 0 1,011,449    
4.05 Commerce Park North     TTM 9/30/2017 1,040,421 333,384 707,038 0 707,038     Actual 2016 1,049,954 337,644 712,311 0 712,311    
4.06 Crescent 10 Facility     TTM 9/30/2017 987,323 361,912 625,410 0 625,410     Actual 2016 942,860 376,216 566,644 0 566,644    
4.07 Technipark Ten Service Center     TTM 9/30/2017 986,491 327,128 659,363 0 659,363     Actual 2016 989,973 334,719 655,253 0 655,253    
4.08 Westchase Park     TTM 9/30/2017 335,968 290,947 45,021 0 45,021     Actual 2016 326,408 224,274 102,134 0 102,134    
5 U.S. Industrial Portfolio III     TTM 6/30/2017 14,448,506 2,245,198 12,203,308 0 12,203,308     Actual 2016 14,325,613 2,270,350 12,055,263 0 12,055,263    
5.01 2121 Gardner Street     TTM 6/30/2017 1,818,254 180,000 1,638,254 0 1,638,254     Actual 2016 1,802,598 180,000 1,622,598 0 1,622,598    
5.02 975 Cottonwood Avenue     TTM 6/30/2017 1,085,265 102,000 983,265 0 983,265     Actual 2016 1,070,945 102,000 968,945 0 968,945    
5.03 4925 Bulls Bay Highway     TTM 6/30/2017 1,142,332 172,000 970,332 0 970,332     Actual 2016 1,125,644 168,000 957,644 0 957,644    
5.04 1500 Southeast 37th Street     TTM 6/30/2017 841,972 144,000 697,972 0 697,972     Actual 2016 832,588 144,000 688,588 0 688,588    
5.05 10450 Medallion Drive     TTM 6/30/2017 997,876 240,000 757,876 0 757,876     Actual 2016 986,812 240,000 746,812 0 746,812    
5.06 1501 Industrial Boulevard     TTM 6/30/2017 763,658 120,000 643,658 0 643,658     Actual 2016 761,760 126,000 635,760 0 635,760    
5.07 1001 DDC Way     TTM 6/30/2017 742,287 78,000 664,287 0 664,287     Actual 2016 733,377 78,000 655,377 0 655,377    
5.08 1152 Armorlite Drive     TTM 6/30/2017 559,434 72,000 487,434 0 487,434     Actual 2016 553,416 72,000 481,416 0 481,416    
5.09 3800 West Broward Boulevard     TTM 6/30/2017 612,978 72,000 540,978 0 540,978     Actual 2016 606,300 72,000 534,300 0 534,300    
5.10 2900 & 2950 Hill Avenue     TTM 6/30/2017 645,529 110,400 535,129 0 535,129     Actual 2016 655,039 127,800 527,239 0 527,239    
5.11 1700 Highland Road     TTM 6/30/2017 578,472 88,200 490,272 0 490,272     Actual 2016 571,884 88,200 483,684 0 483,684    
5.12 1972 Salem Industrial Drive     TTM 6/30/2017 601,489 46,800 554,689 0 554,689     Actual 2016 596,189 46,800 549,389 0 549,389    
5.13 1800 University Parkway     TTM 6/30/2017 563,372 90,000 473,372 0 473,372     Actual 2016 557,355 90,000 467,355 0 467,355    
5.14 621 Hunt Valley Circle     TTM 6/30/2017 549,096 64,200 484,896 0 484,896     Actual 2016 543,108 64,200 478,908 0 478,908    
5.15 5000 Askins Lane     TTM 6/30/2017 419,741 90,000 329,741 0 329,741     Actual 2016 415,318 90,000 325,318 0 325,318    
5.16 900 Chaddick Drive     TTM 6/30/2017 653,424 276,000 377,424 0 377,424     Actual 2016 653,424 276,000 377,424 0 377,424    
5.17 6600 Chapek Parkway     TTM 6/30/2017 414,731 68,998 345,733 0 345,733     Actual 2016 405,717 63,998 341,719 0 341,719    
5.18 53208 Columbia Drive     TTM 6/30/2017 462,404 50,000 412,404 0 412,404     Actual 2016 464,336 57,500 406,836 0 406,836    
5.19 7750 Hub Parkway     TTM 6/30/2017 406,731 81,000 325,731 0 325,731     Actual 2016 405,969 84,252 321,717 0 321,717    
5.20 21699 Torrence Avenue & 2701 Kalvelage Drive     TTM 6/30/2017 274,517 50,400 224,117 0 224,117     Actual 2016 271,512 50,400 221,112 0 221,112    
5.21 3221 Cherry Palm Drive     TTM 6/30/2017 314,944 49,200 265,744 0 265,744     Actual 2016 312,322 49,200 263,122 0 263,122    
6 National Office Portfolio     TTM 8/31/2017 34,604,835 17,986,810 16,618,026 0 16,618,026     Actual 2016 32,062,523 17,768,808 14,293,715 0 14,293,715    
6.01 8330 LBJ Freeway     TTM 8/31/2017 4,835,602 2,348,873 2,486,729 0 2,486,729     Actual 2016 4,377,524 2,151,230 2,226,294 0 2,226,294    
6.02 101 East Park Boulevard     TTM 8/31/2017 3,520,341 1,326,254 2,194,088 0 2,194,088     Actual 2016 3,180,538 1,394,729 1,785,810 0 1,785,810    
6.03 13601 Preston Road     TTM 8/31/2017 3,300,928 1,652,905 1,648,023 0 1,648,023     Actual 2016 3,005,621 1,570,121 1,435,500 0 1,435,500    
6.04 1750 East Golf Road     TTM 8/31/2017 5,575,355 3,024,178 2,551,177 0 2,551,177     Actual 2016 5,327,020 3,048,095 2,278,925 0 2,278,925    
6.05 14800 Quorum Drive     TTM 8/31/2017 1,391,459 608,168 783,291 0 783,291     Actual 2016 1,521,458 653,758 867,700 0 867,700    
6.06 1995 North Park Place     TTM 8/31/2017 1,660,349 730,040 930,309 0 930,309     Actual 2016 1,631,479 761,208 870,271 0 870,271    
6.07 Northlake - 2295 Parklake Dr NE     TTM 8/31/2017 1,601,423 910,515 690,908 0 690,908     Actual 2016 1,342,103 892,898 449,205 0 449,205    
6.08 4751 Best Road     TTM 8/31/2017 1,474,324 685,470 788,854 0 788,854     Actual 2016 1,344,457 751,674 592,783 0 592,783    
6.09 The Centre - 4101 McEwen Road     TTM 8/31/2017 1,245,140 737,212 507,928 0 507,928     Actual 2016 914,170 737,961 176,209 0 176,209    
6.10 The Centre - 4099 McEwen Road     TTM 8/31/2017 1,505,536 815,542 689,994 0 689,994     Actual 2016 1,304,485 786,570 517,915 0 517,915    
6.11 11225 North 28th Drive     TTM 8/31/2017 1,266,871 920,148 346,723 0 346,723     Actual 2016 1,180,406 927,020 253,386 0 253,386    
6.12 10000 North 31st Ave     TTM 8/31/2017 1,221,055 868,720 352,335 0 352,335     Actual 2016 1,161,945 825,547 336,398 0 336,398    
6.13 The Centre - 4001 McEwen Road     TTM 8/31/2017 1,054,799 516,535 538,264 0 538,264     Actual 2016 1,016,963 508,609 508,354 0 508,354    
6.14 4425 W Airport Fwy     TTM 8/31/2017 1,118,170 595,559 522,610 0 522,610     Actual 2016 896,676 568,996 327,680 0 327,680    
6.15 Northlake - 2302 Parklake Dr NE     TTM 8/31/2017 1,157,645 710,348 447,297 0 447,297     Actual 2016 1,083,453 644,130 439,324 0 439,324    
6.16 Northlake - 2305&2309 Parklake Dr NE     TTM 8/31/2017 442,332 405,168 37,164 0 37,164     Actual 2016 723,558 477,486 246,072 0 246,072    
6.17 12100 Ford Road     TTM 8/31/2017 1,439,079 770,107 668,971 0 668,971     Actual 2016 1,266,542 711,864 554,678 0 554,678    
6.18 The Centre - 4000N&S McEwen Road     TTM 8/31/2017 794,427 361,067 433,360 0 433,360     Actual 2016 784,123 356,912 427,211 0 427,211    
7 HGI Savannah Historic District 164 151 TTM 8/31/2017 8,663,835 5,544,450 3,119,385 0 3,119,385 163 148 Actual 2016 8,614,424 5,323,630 3,290,794 0 3,290,794 159 146
8 Belden Park Crossing     TTM 8/31/2017 7,367,583 2,308,322 5,059,261 0 5,059,261     Actual 2016 7,910,626 2,409,871 5,500,754 0 5,500,754    
9 One Century Place     TTM 8/31/2017 11,698,190 4,552,371 7,145,819 0 7,145,819     Actual 2016 11,526,392 4,540,218 6,986,174 0 6,986,174    
10 61 Grove Street     TTM 8/31/2017 1,846,980 362,818 1,484,162 0 1,484,162     Actual 2016 1,793,541 322,882 1,470,659 0 1,470,659    
11 777 Township Line Road     TTM 7/31/2017 2,958,242 1,164,051 1,794,191 0 1,794,191     Actual 2016 2,612,251 1,140,821 1,471,430 0 1,471,430    
12 The View at Marlton     NAV NAV NAV NAV NAV NAV     NAV NAV NAV NAV NAV NAV    
13 Corporate Center I & III     TTM 8/31/2017 2,733,510 454,729 2,278,781 0 2,278,781     Actual 2016 2,545,624 432,940 2,112,684 0 2,112,684    
14 DoubleTree Berkeley Marina 186 168 TTM 6/30/2017 31,423,806 24,018,009 7,405,797 1,256,952 6,148,845 186 168 Actual 2016 31,534,222 23,777,836 7,756,386 1,261,369 6,495,017 190 170
15 Redmont Hotel Curio 147 112 TTM 9/30/2017 7,708,491 5,226,934 2,481,557 0 2,481,557 147 112 Annualized 9 12/31/2016 5,689,316 4,642,033 1,047,283 0 1,047,283 137 79
16 555 De Haro     TTM 6/30/2017 2,026,684 636,637 1,390,047 0 1,390,047     Actual 2016 1,757,828 660,835 1,096,993 0 1,096,993    
17 Macedonia Commons     TTM 6/30/2017 5,153,438 1,297,251 3,856,187 0 3,856,187     Actual 2016 5,351,897 1,334,115 4,017,782 0 4,017,782    
18 Northwoods Center     TTM 6/30/2017 2,297,194 572,657 1,724,537 0 1,724,537     Actual 2016 2,262,596 569,426 1,693,170 0 1,693,170    
19 100-102 Forsyth Street     TTM 8/31/2017 593,858 140,966 452,892 0 452,892     Actual 2016 569,972 290,493 279,480 0 279,480    
20 Hilton Houston Galleria TX 103 75 TTM 9/30/2017 9,739,047 7,177,870 2,561,177 0 2,561,177 103 75 Actual 2016 8,814,327 6,900,992 1,913,335 0 1,913,335 97 67
21 Del Amo Fashion Center     TTM 3/31/2017 77,175,155 23,956,448 53,218,707 0 53,218,707     Actual 2016 75,673,675 24,572,583 51,101,092 0 51,101,092    
22 Hallandale Self Storage     TTM 8/31/2017 1,859,829 522,479 1,337,350 0 1,337,350     Actual 2016 1,859,245 516,579 1,342,666 0 1,342,666    
23 Springville Heights Condominium     TTM 10/31/2017 1,909,342 690,238 1,219,104 0 1,219,104     Actual 2016 1,658,579 669,798 988,781 0 988,781    
24 HGI Plymouth 130 96 TTM 9/30/2017 6,210,767 4,407,113 1,803,654 0 1,803,654 130 96 Actual 2016 5,950,883 4,187,630 1,763,253 0 1,763,253 125 92
25 1030-1040 Broad Street     TTM 6/30/2017 2,732,540 1,192,156 1,540,384 0 1,540,384     Actual 2016 2,565,767 1,157,706 1,408,061 0 1,408,061    
26 Columbia Park Shopping Center     TTM 3/31/2017 7,775,707 2,753,833 5,021,875 0 5,021,875     Actual 2016 7,703,268 2,824,452 4,878,816 0 4,878,816    
27 Dublin Corners     TTM 9/30/2017 1,874,485 615,421 1,259,064 0 1,259,064     Actual 2016 1,587,435 535,075 1,052,360 0 1,052,360    
28 Residence Inn Omaha Aksarben Village 121 89 TTM 8/31/2017 3,925,657 2,400,891 1,524,766 0 1,524,766 121 89 Actual 2016 3,874,789 2,362,530 1,512,259 0 1,512,259 124 88
29 Simi Valley Industrial Park     TTM 7/31/2017 2,006,357 594,471 1,411,886 23,103 1,388,783     Actual 2016 1,898,057 577,107 1,320,950 33,948 1,287,002    
30 Plaza de Hacienda     TTM 6/30/2017 1,851,923 668,614 1,183,309 0 1,183,309     Actual 2016 1,828,472 604,320 1,224,152 0 1,224,152    
31 Northern Ohio Industrial Park     TTM 8/31/2017 2,593,388 1,047,193 1,546,195 0 1,546,195     Actual 2016 2,508,648 1,009,889 1,498,759 0 1,498,759    
32 Cascade Building     TTM 7/30/2017 2,178,967 690,185 1,488,781 0 1,488,781     Actual 2016 2,154,761 689,659 1,465,102 0 1,465,102    
33 Paseo Lindo     NAV NAV NAV NAV NAV NAV     NAV NAV NAV NAV NAV NAV    
34 Marengo Plaza     TTM 6/30/2017 835,717 181,755 653,962 0 653,962     Actual 2016 425,254 167,242 258,012 0 258,012    
35 444-446 86th Street     TTM 7/31/2017 871,130 216,237 654,893 0 654,893     Actual 2016 519,369 217,078 302,291 0 302,291    
36 Alton Business Park     TTM 7/31/2017 1,297,375 265,931 1,031,444 22,111 1,009,333     Actual 2016 1,278,602 249,585 1,029,017 24,757 1,004,260    
37 Willowick Business Park     TTM 7/31/2017 1,594,018 591,981 1,002,037 60,796 941,241     Actual 2016 1,545,695 551,814 993,881 83,318 910,563    
38 Omega Self Storage – Amityville Portfolio     TTM 9/30/2017 1,334,369 271,087 1,063,282 0 1,063,282     Actual 2016 1,164,693 252,838 911,855 0 911,855    
38.01 185-Omega Self Storage     TTM 9/30/2017 1,061,790 231,476 830,314 0 830,314     Actual 2016 930,420 214,865 715,555 0 715,555    
38.02 491-Omega Storage Inc.     TTM 9/30/2017 272,579 39,611 232,968 0 232,968     Actual 2016 234,273 37,973 196,300 0 196,300    
39 Walnut Grove Medical Center     TTM 5/31/2017 1,081,130 444,274 636,856 0 636,856     Actual 2016 1,128,298 417,283 711,015 0 711,015    
40 Tustin Mayfair Plaza     Annualized 8 8/31/2017 723,357 251,429 471,929 0 471,929     Actual 2016 365,455 220,213 145,242 0 145,242    
41 Water Tower Self Storage     TTM 7/31/2017 962,506 206,524 755,982 0 755,982     Actual 2016 940,820 217,526 723,294 0 723,294    
42 RSM Business Park     TTM 7/31/2017 1,021,207 239,921 781,286 53,058 728,228     Actual 2016 1,003,012 239,491 763,521 36,033 727,488    
43 Avenue Hall Executive Center     TTM 7/31/2017 1,059,954 317,442 742,512 39,893 702,619     Actual 2016 1,084,041 302,196 781,845 26,764 755,081    
44 Comfort Suites Hilton Head Bluffton 103 81 TTM 5/31/2017 2,371,745 1,302,434 1,069,311 0 1,069,311 103 81 Actual 2016 2,243,399 1,293,211 950,187 0 950,187 100 77
45 Harbor Court Plaza     TTM 5/30/2017 764,668 238,787 525,881 0 525,881     Actual 2016 746,647 244,756 501,891 0 501,891    
46 Boulevard Square II     TTM 7/31/2017 651,567 208,061 443,506 0 443,506     Actual 2016 620,921 207,726 413,195 0 413,195    
47 Shaw Blackstone Center-CA     TTM 8/31/2017 759,722 209,191 550,531 0 550,531     Actual 2016 766,278 198,329 567,950 0 567,950    
48 Hampton Inn - Marshall 107 79 TTM 7/31/2017 2,172,363 1,446,872 725,491 86,895 638,596 107 79 Actual 2016 2,209,282 1,437,362 771,920 88,371 683,549 108 81
49 Rite Aid Dunmore     NAV NAV NAV NAV NAV NAV     NAV NAV NAV NAV NAV NAV    
50 Kirkwood Center     TTM 6/30/2017 249,754 60,693 189,061 0 189,061     Actual 2016 253,392 58,137 195,254 0 195,254    
51 Preferred Self Storage     TTM 3/31/2017 278,713 99,119 179,594 0 179,594     Actual 2016 278,776 109,297 169,479 0 169,479    
52 Dollar General E. Peoria     NAV NAV NAV NAV NAV NAV     NAV NAV NAV NAV NAV NAV    

 

A-1-5

 

 

ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES

 

Mortgage Loan Number Property Name Third Most Recent Period(9) Third Most Recent Revenues ($) Third Most Recent Expenses ($) Third Most Recent NOI ($) Third Most Recent Capital Expenditures Third Most Recent NCF ($) Third Most Recent Hotel ADR Third Most Recent Hotel RevPAR Master Lease (Y/N)(10) Largest Tenant Name(4)(5)(8)(11)(12)(13)(15) Largest Tenant Sq. Ft. Largest
Tenant
% of NRA
Largest Tenant Exp. Date 2nd Largest Tenant Name(2)(8)(11)(12)
1 Headquarters Plaza Actual 2015 38,994,350 22,377,837 16,616,513 851,096 15,765,417 170 149 N Riker, Danzig, Scherer 79,170 10.9% 7/31/2025 Chartwell Consulting Group, Inc.
2 Marriott LAX Actual 2014 66,625,604 51,620,102 15,005,502 0 15,005,502 130 116 N          
3 Mall of Louisiana Actual 2015 41,979,974 7,399,438 34,580,536 0 34,580,536     N AMC Theatres 74,400 9.6% 7/21/2026 Dick’s Sporting Goods
4 Adler Portfolio Actual 2015 12,313,728 5,032,851 7,280,877 0 7,280,877     N Various Various Various Various Various
4.01 Carmel Executive Park Actual 2015 3,863,763 1,634,538 2,229,225 0 2,229,225     N Crump Life Insurance Services, Inc 19,838 8.9% 6/30/2021 Forterra Brick East, LLC
4.02 Vista Point North Actual 2015 2,311,995 945,363 1,366,632 0 1,366,632     N M/I Homes 19,597 13.6% 5/31/2023 Care View Communication
4.03 Greenbriar Business Park Actual 2015 1,544,947 528,952 1,015,996 0 1,015,996     N Caterpillar Financial Services 33,055 24.4% 11/30/2020 Turenne PharMedCo Inc
4.04 Plaza Southwest Actual 2015 1,335,401 565,544 769,857 0 769,857     N Joseph A. Baden 22,843 15.0% 6/30/2018 Prepay Wholesale Associates
4.05 Commerce Park North Actual 2015 992,190 377,599 614,592 0 614,592     N Alford Services, Inc. 52,715 54.2% 5/31/2021 EPMA Corporation Inc.
4.06 Crescent 10 Facility Actual 2015 850,225 402,467 447,758 0 447,758     N ARC Document Solutions, LLC 7,586 7.7% 4/30/2020 Blade Energy Partners, Ltd.
4.07 Technipark Ten Service Center Actual 2015 971,145 361,173 609,972 0 609,972     N Schlumberger Technology Corp 33,946 47.4% 10/31/2019 Hanson Aggregates LLC
4.08 Westchase Park Actual 2015 444,061 217,215 226,846 0 226,846     N Gulf Coast Commercial Group 7,052 14.7% 3/31/2020 Rubin’s Enterprises, Inc.
5 U.S. Industrial Portfolio III Actual 2015 13,982,587 2,356,524 11,626,063 0 11,626,063     N Various Various Various Various  
5.01 2121 Gardner Street Actual 2015 1,726,060 141,500 1,584,560 0 1,584,560     N Rowe Fine Furniture 378,270 100.0% 7/31/2028  
5.02 975 Cottonwood Avenue Actual 2015 942,343 102,000 840,343 0 840,343     N Dorner Manufacturing Corp. 175,042 100.0% 10/31/2035  
5.03 4925 Bulls Bay Highway Actual 2015 1,074,648 144,900 929,748 0 929,748     N Southeastern Aluminum Products 198,408 100.0% 2/28/2027  
5.04 1500 Southeast 37th Street Actual 2015 831,109 161,998 669,111 0 669,111     N Ryko Solutions, Inc. 248,257 100.0% 8/31/2032  
5.05 10450 Medallion Drive Actual 2015 930,062 205,000 725,062 0 725,062     N KDM Signs, Inc. 151,506 100.0% 7/31/2025  
5.06 1501 Industrial Boulevard Actual 2015 764,253 144,000 620,253 0 620,253     N Accupac, Inc. 112,253 100.0% 3/31/2032  
5.07 1001 DDC Way Actual 2015 747,837 110,000 637,837 0 637,837     N DDC Center Holding Corp. 66,444 100.0% 7/31/2025  
5.08 1152 Armorlite Drive Actual 2015 541,680 72,016 469,664 0 469,664     N The San Diego Union - Tribune 44,313 100.0% 12/31/2027  
5.09 3800 West Broward Boulevard Actual 2015 575,628 54,360 521,268 0 521,268     N The Chrysalis Center, Inc. 32,688 100.0% 12/31/2027  
5.10 2900 & 2950 Hill Avenue Actual 2015 691,888 180,000 511,888 0 511,888     N Decorative Panels International 237,698 100.0% 11/30/2030  
5.11 1700 Highland Road Actual 2015 558,940 88,200 470,740 0 470,740     N TAC Materials. Inc. 115,169 100.0% 8/31/2028  
5.12 1972 Salem Industrial Drive Actual 2015 583,301 46,800 536,501 0 536,501     N Rowe Fine Furniture 317,144 100.0% 7/31/2028  
5.13 1800 University Parkway Actual 2015 542,267 88,500 453,767 0 453,767     N Halifax Sarasota LLC 105,752 100.0% 1/31/2032  
5.14 621 Hunt Valley Circle Actual 2015 531,432 64,200 467,232 0 467,232     N Bacharach, Inc. 61,796 100.0% 12/31/2024  
5.15 5000 Askins Lane Actual 2015 395,670 79,500 316,170 0 316,170     N Sigma Corporation 100,040 100.0% 7/31/2031  
5.16 900 Chaddick Drive Actual 2015 659,941 282,500 377,441 0 377,441     N PNC Acquisition Company, Inc. 75,902 100.0% 1/31/2019  
5.17 6600 Chapek Parkway Actual 2015 396,479 84,000 312,479 0 312,479     N Northern Stamping Co. 157,950 100.0% 11/30/2031  
5.18 53208 Columbia Drive Actual 2015 456,659 60,000 396,659 0 396,659     N LTI Flexible Products, Inc. 117,938 100.0% 10/31/2026  
5.19 7750 Hub Parkway Actual 2015 462,029 149,550 312,479 0 312,479     N Northern Stamping Co. 83,404 100.0% 11/30/2031  
5.20 21699 Torrence Avenue & 2701 Kalvelage Drive Actual 2015 263,193 48,300 214,893 0 214,893     N Sigma Corporation 67,995 100.0% 7/31/2031  
5.21 3221 Cherry Palm Drive Actual 2015 307,168 49,200 257,968 0 257,968     N Amphenol Custom Cable, Inc. 38,624 100.0% 7/31/2028  
6 National Office Portfolio Actual 2015 33,879,766 17,492,296 16,387,470 0 16,387,470     N Various Various Various Various Various
6.01 8330 LBJ Freeway Actual 2015 7,074,544 2,353,218 4,721,326 0 4,721,326     N Trinity Universal Insurance Co 84,114 22.1% 6/30/2025 AZ College
6.02 101 East Park Boulevard Actual 2015 4,124,460 1,702,455 2,422,005 0 2,422,005     N M. White & Associates, LLC 24,896 11.0% 9/30/2023 General Services Administration
6.03 13601 Preston Road Actual 2015 2,832,123 1,654,324 1,177,799 0 1,177,799     N AT&T 13,358 5.1% 8/31/2021 Mbroh Engineering, Inc.
6.04 1750 East Golf Road Actual 2015 5,288,786 2,931,325 2,357,461 0 2,357,461     N Career Education Corporation 116,387 54.8% 5/31/2020 Assurance Agency, Ltd
6.05 14800 Quorum Drive Actual 2015 1,650,576 660,180 990,396 0 990,396     N Idea Grove LLC 6,845 6.6% 2/28/2019 On-Site Manager, Inc
6.06 1995 North Park Place Actual 2015 1,562,157 791,587 770,569 0 770,569     N GSA - US Army 16,778 16.8% 2/3/2020 G4S Secure Solutions
6.07 Northlake - 2295 Parklake Dr NE Actual 2015 980,802 785,076 195,726 0 195,726     N Leidos, Inc 16,372 13.5% 2/28/2022 Midwest Medical
6.08 4751 Best Road Actual 2015 1,130,105 626,278 503,827 0 503,827     N Southeastrans, Inc 31,129 33.4% 10/31/2018 Greene Consulting Associates, LLC
6.09 The Centre - 4101 McEwen Road Actual 2015 1,047,017 653,652 393,365 0 393,365     N SCIenergy, Inc 10,071 8.1% 1/31/2020 Nemeth & Reese, L.P.
6.10 The Centre - 4099 McEwen Road Actual 2015 1,295,737 749,163 546,574 0 546,574     N American Medical Response Ambulance 15,479 12.5% 5/31/2021 Collecto, Inc
6.11 11225 North 28th Drive Actual 2015 960,197 889,449 70,748 0 70,748     N Southwest Annuities Marketing, LLC 16,332 12.1% 2/28/2021 Sonovision USA, Inc
6.12 10000 North 31st Ave Actual 2015 1,095,545 749,773 345,772 0 345,772     N FCNH, Inc 18,912 14.8% 3/31/2019 Duet Partners in Health & Aging
6.13 The Centre - 4001 McEwen Road Actual 2015 586,379 479,700 106,678 0 106,678     N Nurtur Health, Inc. 47,780 50.2% 12/31/2020 Downing Labs, LLC
6.14 4425 W Airport Fwy Actual 2015 429,578 346,785 82,793 0 82,793     N Air Serv Corporation 5,422 6.4% 1/31/2018 State of Florida Department of Revenue
6.15 Northlake - 2302 Parklake Dr NE Actual 2015 992,494 628,612 363,882 0 363,882     N Babcock & Wilcox Power Generation 8,712 7.8% 1/31/2018 National Mentor Healthcare, LLC
6.16 Northlake - 2305&2309 Parklake Dr NE Actual 2015 895,590 443,845 451,745 0 451,745     N Department of Veterans Affairs 23,596 36.2% 9/30/2027 International Rescue Committee
6.17 12100 Ford Road Actual 2015 1,143,000 694,875 448,125 0 448,125     N State of Texas - Health & Human Services 15,425 9.8% 10/31/2023 Apex TITAN, Inc.
6.18 The Centre - 4000N&S McEwen Road Actual 2015 790,677 351,999 438,678 0 438,678     N Centene Corporation 46,769 100.0% 12/31/2020  
7 HGI Savannah Historic District Actual 2015 8,671,645 4,731,986 3,939,659 0 3,939,659 168 147 N          
8 Belden Park Crossing Actual 2015 7,536,834 2,309,757 5,227,077 0 5,227,077     N Kohl’s 99,776 20.6% 1/31/2021 Dick’s Sporting Goods
9 One Century Place Actual 2015 10,840,882 4,620,314 6,220,568 0 6,220,568     N Willis North America 177,351 32.9% 4/30/2026 Asurion
10 61 Grove Street Actual 2015 1,645,113 318,573 1,326,540 0 1,326,540     N          
11 777 Township Line Road Annualized 5 12/31/2015 2,502,205 1,081,664 1,420,541 0 1,420,541     N University of Pennsylvania Health System 31,677 28.8% 2/28/2027 Ethos Health Communications
12 The View at Marlton NAV NAV NAV NAV NAV NAV     N LA Fitness 45,000 49.4% 10/31/2032 AAA
13 Corporate Center I & III Actual 2015 2,435,812 448,822 1,986,990 0 1,986,990     N MVP Realty Management 24,742 26.0% 5/31/2022 Nevada Spine Clinic
14 DoubleTree Berkeley Marina Actual 2015 29,474,148 22,092,503 7,381,645 1,178,966 6,202,679 186 164 N          
15 Redmont Hotel Curio NAV NAV NAV NAV NAV NAV NAV NAV N          
16 555 De Haro Actual 2015 1,386,658 723,577 663,081 0 663,081     Y ACTCM 11,093 22.2% 3/15/2019 Recess Urban Recreation
17 Macedonia Commons Actual 2015 5,356,781 1,451,411 3,905,370 0 3,905,370     N Kohl’s 80,684 25.8% 1/30/2021 Cinemark
18 Northwoods Center Actual 2015 2,109,457 530,023 1,579,435 0 1,579,435     N Marshalls 30,000 31.3% 7/31/2018 Petco
19 100-102 Forsyth Street Actual 2015 999,402 306,991 692,411 0 692,411     N Forsyth Restaurant Group 4,200 22.6% 7/1/2027  
20 Hilton Houston Galleria TX Actual 2015 7,353,367 6,162,419 1,190,948 0 1,190,948 108 56 N          
21 Del Amo Fashion Center Actual 2015 51,645,131 16,605,695 35,039,436 0 35,039,436     Y J.C. Penney 163,346 9.2% 12/31/2018 Nordstrom
22 Hallandale Self Storage Actual 2015 1,648,439 475,548 1,172,891 0 1,172,891     N          
23 Springville Heights Condominium Actual 2015 1,286,042 658,550 627,492 0 627,492     N          
24 HGI Plymouth TTM 8/31/2015 5,612,884 3,753,465 1,859,419 0 1,859,419 118 89 N          
25 1030-1040 Broad Street Actual 2015 2,265,631 1,134,789 1,130,842 0 1,130,842     N Morgan Stanley Smith Barney 29,987 27.6% 12/31/2021 Moser, LLC
26 Columbia Park Shopping Center Actual 2015 7,459,800 2,941,317 4,518,482 0 4,518,482     N Empire 12 Cineplex 70,000 20.2% 4/30/2029 Shop Rite
27 Dublin Corners Actual 2015 1,618,198 498,456 1,119,742 0 1,119,742     N New India Bazaar 3,611 11.2% 12/31/2027 Etemadi Enterprises Incorporated
28 Residence Inn Omaha Aksarben Village Actual 2015 3,216,403 2,013,728 1,202,675 0 1,202,675 118 73 N          
29 Simi Valley Industrial Park Actual 2015 1,513,006 581,975 931,031 125,777 805,254     N Lucy Development dba Servpro of Moorpark, Fillmore and Santa Paula 28,185 18.2% 2/28/2018 ALS Group USA, Corp
30 Plaza de Hacienda Actual 2015 1,749,998 584,977 1,165,021 0 1,165,021     N Albertson’s 51,331 37.0% 6/30/2021 CVS
31 Northern Ohio Industrial Park Actual 2015 2,556,645 1,009,884 1,546,761 0 1,546,761     N The HC Companies, Inc. 464,220 43.9% 9/30/2020 PolyOne Corporation
32 Cascade Building Actual 2015 2,068,043 662,873 1,405,170 0 1,405,170     N Level 3 Communications, LLC 18,473 19.5% 6/30/2024 Legal Aid Services of Oregon
33 Paseo Lindo NAV NAV NAV NAV NAV NAV     N LA Fitness 38,038 63.3% 7/31/2029 Petsmart
34 Marengo Plaza NAV NAV NAV NAV NAV NAV     N Catamaran LLC DBA Briova 6,069 27.1% 4/30/2021 Exodus Recovery Inc.
35 444-446 86th Street Actual 2015 430,500 247,928 182,572 0 182,572     N Century 21 Department Stores LLC 7,000 63.6% 9/24/2032 Bath & Body Works
36 Alton Business Park Actual 2015 1,197,770 280,867 916,903 17,826 899,077     N Bio Nutritional Research Group, Inc. 12,774 16.2% 5/31/2019 Nanovea, Inc.
37 Willowick Business Park Actual 2015 1,377,600 527,575 850,025 54,181 795,844     N Timothy Netherton, dba Synergy Conservation Solutions 5,224 4.9% 2/28/2019 Kenny Dick Jutamas Newcomb dba Concord Uniforms
38 Omega Self Storage – Amityville Portfolio Actual 2015 898,131 311,758 586,373 0 586,373     N          
38.01 185-Omega Self Storage Actual 2015 730,110 275,162 454,948 0 454,948     N          
38.02 491-Omega Storage Inc. Actual 2015 168,021 36,596 131,425 0 131,425     N          
39 Walnut Grove Medical Center Actual 2015 1,324,745 409,035 915,710 0 915,710     N Radnet Management, Inc. 5,358 13.2% 5/31/2018 Saint Jude Hospital
40 Tustin Mayfair Plaza Actual 2015 212,170 175,677 36,493 0 36,493     N Planet Fitness 15,080 36.5% 2/28/2021 Dollar Tree
41 Water Tower Self Storage Actual 2015 802,674 202,633 600,041 0 600,041     N          
42 RSM Business Park Actual 2015 948,006 249,284 698,722 18,424 680,298     N Stonecreek Christian Church 12,359 16.7% 4/30/2022 Newmark Systems, Inc.
43 Avenue Hall Executive Center Actual 2015 939,694 291,911 647,783 24,633 623,150     N Matthew Frederick 14,210 16.3% 7/31/2019 ADT, LLC
44 Comfort Suites Hilton Head Bluffton Actual 2015 1,604,868 1,108,705 496,162 0 496,162 91 55 N          
45 Harbor Court Plaza Actual 2015 693,597 239,641 453,956 0 453,956     N Jose A. Ramirez and Jona dba Billiards 4,260 14.2% 10/31/2019 Hue Van Vo dba Thien An Restaurant
46 Boulevard Square II Actual 2015 548,263 238,402 309,861 0 309,861     N B and L Entertainment 4,382 8.3% 11/30/2019 Flatland Brewery
47 Shaw Blackstone Center-CA Actual 2015 710,401 190,770 519,631 0 519,631     N Lamps Plus 12,895 37.7% 1/31/2020 Skechers
48 Hampton Inn - Marshall Actual 2015 1,846,137 1,341,546 504,591 73,845 430,746 106 66 N          
49 Rite Aid Dunmore NAV NAV NAV NAV NAV NAV     N Rite Aid 11,180 100.0% 2/21/2027  
50 Kirkwood Center Actual 2015 179,882 57,327 122,555 0 122,555     N Blaze 2,598 37.0% 8/30/2027 Scrubs & Beyond
51 Preferred Self Storage Actual 2015 278,354 113,007 165,347 0 165,347     N          
52 Dollar General E. Peoria NAV NAV NAV NAV NAV NAV     N Dollar General 9,100 100.0% 7/31/2032  

 

A-1-6

 

 

ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES

 

Mortgage Loan Number Property Name 2nd Largest Tenant Sq. Ft. 2nd Largest
Tenant
% of NRA
2nd Largest Tenant Exp. Date 3rd Largest Tenant Name(4)(5)(8)(12) 3rd Largest Tenant Sq. Ft. 3rd Largest
Tenant
% of NRA
3rd Largest Tenant Exp. Date 4th Largest Tenant Name(8)(12) 4th Largest Tenant Sq. Ft. 4th Largest
Tenant
% of NRA
4th Largest Tenant Exp. Date 5th Largest Tenant Name(2)(12) 5th Largest Tenant Sq. Ft. 5th Largest
Tenant
% of NRA
5th Largest Tenant Exp. Date
1 Headquarters Plaza 50,100 6.9% 8/31/2021 AMC Theatres 40,000 5.5% 4/30/2029 Duff & Phelps, LLC 33,000 4.5% 5/31/2028 Graham, Curtin & Sheridan, P.A. 33,000 4.5% 6/30/2022
2 Marriott LAX                              
3 Mall of Louisiana 74,061 9.5% 1/31/2019 Main Event 46,900 6.0% 6/30/2028 Nordstrom Rack 30,002 3.9% 9/30/2025 Forever 21 26,885 3.5% 1/31/2019
4 Adler Portfolio Various Various Various Various Various Various Various Various Various Various Various Various Various Various Various
4.01 Carmel Executive Park 13,219 5.9% 2/28/2019 Bank of North Carolina 12,979 5.8% 12/31/2017 Metro Mortgage Investors, LLC 8,114 3.6% 6/30/2019 Consolidated Fibers, Inc. 6,518 2.9% 5/31/2022
4.02 Vista Point North 16,610 11.5% 6/30/2020 Elite View Imaging, Inc. 15,749 11.0% 1/31/2023 RGN-Lewisville 1, LLC 15,490 10.8% 4/23/2024 Dematic Corporation 14,169 9.9% 11/30/2021
4.03 Greenbriar Business Park 11,021 8.1% 12/31/2019 Henry Schein, Inc. 7,960 5.9% 5/31/2023 LTS Managed Technical Services LLC 7,691 5.7% 3/31/2021 Elie J. Ghanem 6,343 4.7% 11/30/2021
4.04 Plaza Southwest 18,600 12.2% 1/31/2021 ZZLS, LLC 8,609 5.7% 11/14/2019 Sashun USA, Inc. 8,537 5.6% 7/31/2019 Shakur Jamal Enterprises, Inc. 8,022 5.3% 8/31/2022
4.05 Commerce Park North 15,140 15.6% 9/30/2019 Lassiter Industries, Inc. 14,983 15.4% 2/28/2018 Orkin, Inc. 4,416 4.5% 4/30/2019 IPC Systems, Inc. 2,406 2.5% 6/30/2021
4.06 Crescent 10 Facility 6,570 6.7% 6/14/2021 Digirad Imaging Solutions, Inc. 5,482 5.6% 1/31/2022 Meyer Instruments, Inc. 5,326 5.4% 1/31/2018 Material Management Resources, Inc. 5,033 5.1% 2/29/2020
4.07 Technipark Ten Service Center 14,863 20.7% 3/31/2021 New Era Life Insurance Company 9,000 12.6% 12/31/2019 Ryder Truck Rental, Inc. 5,851 8.2% 1/31/2019 Collaboration in Science 2,665 3.7% 10/31/2021
4.08 Westchase Park 3,415 7.1% 4/30/2021 Custom Corporates, Inc. 2,917 6.1% 10/31/2019 Me Productions, Inc. 2,412 5.0% 4/30/2022 Proto Logistics, Inc 2,400 5.0% 11/30/2019
5 U.S. Industrial Portfolio III                              
5.01 2121 Gardner Street                              
5.02 975 Cottonwood Avenue                              
5.03 4925 Bulls Bay Highway                              
5.04 1500 Southeast 37th Street                              
5.05 10450 Medallion Drive                              
5.06 1501 Industrial Boulevard                              
5.07 1001 DDC Way                              
5.08 1152 Armorlite Drive                              
5.09 3800 West Broward Boulevard                              
5.10 2900 & 2950 Hill Avenue                              
5.11 1700 Highland Road                              
5.12 1972 Salem Industrial Drive                              
5.13 1800 University Parkway                              
5.14 621 Hunt Valley Circle                              
5.15 5000 Askins Lane                              
5.16 900 Chaddick Drive                              
5.17 6600 Chapek Parkway                              
5.18 53208 Columbia Drive                              
5.19 7750 Hub Parkway                              
5.20 21699 Torrence Avenue & 2701 Kalvelage Drive                              
5.21 3221 Cherry Palm Drive                              
6 National Office Portfolio Various Various Various Various Various Various Various Various Various Various Various Various Various Various Various
6.01 8330 LBJ Freeway 24,065 6.3% 8/31/2030 Shapiro Brown Corp 16,341 4.3% 3/31/2020 Total Quality Logistics, LLC 8,100 2.1% 3/31/2019 Law Firm of Aaron A. Herbert, P.C. 6,256 1.6% 10/31/2023
6.02 101 East Park Boulevard 18,753 8.3% 8/17/2030 Regus Group - North Dallas, LLC 17,353 7.7% 6/30/2023 GuideIT, LLC 16,025 7.1% 9/30/2023 TriDigital Marketing 12,070 5.4% 6/30/2024
6.03 13601 Preston Road 5,635 2.2% 6/30/2022 Amtech Solutions 5,505 2.1% 11/30/2021 Saenz-Rodriguez & Associates, P.C. 5,293 2.0% 7/31/2022 Game Changing Benefits, LLC 5,275 2.0% 2/29/2024
6.04 1750 East Golf Road 63,113 29.7% 9/30/2023 Kae Engineering Consultants, Inc 5,493 2.6% 1/31/2025 Stearns Lending, Inc 2,740 1.3% 9/30/2018 Hartford Financial Services Inc. 2,693 1.3% 7/31/2021
6.05 14800 Quorum Drive 6,838 6.6% 2/28/2018 Morrow Hill (formerly Finley Morrow) 5,979 5.8% 9/30/2027 National Tax Resource Group 5,302 5.1% 12/31/2019 EPE Innovations LLC 4,673 4.5% 9/30/2018
6.06 1995 North Park Place 7,486 7.5% 10/31/2017 GSA OSHA 6,838 6.8% 1/6/2023 Merck & Hill Consultants, Inc 4,178 4.2% 3/31/2022 The Arrendale Group 3,742 3.7% 4/30/2020
6.07 Northlake - 2295 Parklake Dr NE 8,654 7.1% 11/30/2018 Oakhurst Medical Centers, Inc 7,736 6.4% 6/30/2028 Village Podiatry Group, LLC 4,947 4.1% 7/31/2023 The Law Office of Tanya Mitchell 3,288 2.7% 9/30/2021
6.08 4751 Best Road 5,145 5.5% 3/31/2019 ICP Systems LLC 3,845 4.1% 9/30/2021 C.H. Powell Company 2,777 3.0% 8/31/2018 Hodges, Harbin, Newberry & Tribble, Inc. 2,733 2.9% 12/31/2019
6.09 The Centre - 4101 McEwen Road 5,878 4.7% 10/31/2021 Zenith American Solutions, Inc 4,096 3.3% 5/31/2021 Century Hospice, LLC 4,060 3.3% 4/30/2018 Quillin Law Firm, PC 3,344 2.7% 4/30/2020
6.10 The Centre - 4099 McEwen Road 10,170 8.2% 4/30/2021 STX Healthcare Management Services, Inc 9,247 7.5% 12/31/2018 Round-The-World Logistics (USA) Corp 7,261 5.9% 8/4/2018 End Stage Renal Disease Network of Texas 5,252 4.2% 6/30/2024
6.11 11225 North 28th Drive 8,532 6.3% 11/30/2020 Beyond Today Co., an Arizona Corporation 4,130 3.0% 4/30/2020 Monica J. Stern. CPA, PLLC 3,616 2.7% 10/31/2019 SGP Management Co, LLC dba 3,513 2.6% 2/29/2020
6.12 10000 North 31st Ave 8,784 6.9% 5/31/2025 AFLAC Regional Office 3,964 3.1% 7/31/2020 Foothills Sports Medicine Physical Therapy 3,750 2.9% 11/30/2019 American Focus Care, Inc 2,332 1.8% 11/30/2018
6.13 The Centre - 4001 McEwen Road 12,752 13.4% 12/31/2018 EVVDC, PC 3,533 3.7% 3/31/2020 Carlos Molina, MD, PA 2,533 2.7% 10/31/2025 Thriving Solutions LLC 366 0.4% 11/30/2018
6.14 4425 W Airport Fwy 5,417 6.4% 3/31/2021 The Persimmon Group 3,007 3.5% 5/31/2019 Carter Healthcare of North Texas, LLC 2,890 3.4% 8/31/2018 7 Point Group 2,706 3.2% 1/31/2023
6.15 Northlake - 2302 Parklake Dr NE 7,739 7.0% 10/31/2022 Transitional Family Services, Inc 7,407 6.7% 5/31/2021 Odyssey Healthcare Operating B, L 6,426 5.8% 5/31/2023 Robins, Eskew, Smith & Jordan 4,504 4.0% 11/30/2018
6.16 Northlake - 2305&2309 Parklake Dr NE 15,651 24.0% 3/31/2022 Catholic Charities of Atlanta 5,976 9.2% 10/31/2022                
6.17 12100 Ford Road 11,360 7.2% 11/30/2021 Safeguard Acquistions, Inc 8,367 5.3% 9/30/2021 Novaco Products 4,627 2.9% 6/30/2018 Bestcare Laboratory Services, LLC 4,314 2.7% 1/31/2018
6.18 The Centre - 4000N&S McEwen Road                              
7 HGI Savannah Historic District                              
8 Belden Park Crossing 65,120 13.5% 10/31/2020 Value City Furniture 50,000 10.3% 1/31/2021 Jo-Ann Fabrics 46,042 9.5% 1/31/2023 DSW 31,859 6.6% 1/31/2022
9 One Century Place 105,219 19.5% 12/31/2023 Sodexo 61,566 11.4% 8/31/2021 Tennessee Lottery 55,962 10.4% 4/30/2025 Tennessee Valley Authority 45,807 8.5% 10/31/2023
10 61 Grove Street                              
11 777 Township Line Road 28,016 25.5% 2/28/2024 Hill Wallack 17,358 15.8% 4/30/2023 Stark & Stark 10,775 9.8% 4/30/2022 Morgan Stanley 6,645 6.0% 9/30/2027
12 The View at Marlton 10,662 11.7% 7/16/2027 The Malvern School 8,400 9.2% 1/31/2032 Luxury Nails 4,289 4.7% 10/4/2027 BB&T Bank 3,600 4.0% 8/31/2025
13 Corporate Center I & III 13,815 14.5% 5/4/2019 Provident Group 11,184 11.8% 8/30/2021 LV Laser & Lipo 8,129 8.6% 12/31/2019 Las Vegas Surgical Associates 7,406 7.8% 2/28/2024
14 DoubleTree Berkeley Marina                              
15 Redmont Hotel Curio                              
16 555 De Haro 7,482 15.0% 6/30/2018 Off Grid Labs, Inc. 4,483 9.0% 8/31/2020 Element Science 3,991 8.0% 9/30/2018 K2A, LLP 3,790 7.6% 9/30/2021
17 Macedonia Commons 57,658 18.5% 2/28/2019 Hobby Lobby 54,127 17.3% 12/31/2019 PetSmart 17,533 5.6% 1/31/2018 Ulta Beauty 11,264 3.6% 8/31/2024
18 Northwoods Center 15,257 15.9% 11/30/2027 Kirklands 8,385 8.7% 1/31/2022 Tire Kingdom 6,500 6.8% 5/31/2018 Salon Lofts 4,000 4.2% 9/30/2020
19 100-102 Forsyth Street                              
20 Hilton Houston Galleria TX                              
21 Del Amo Fashion Center 138,000 7.8% 2/28/2031 Dick’s Sporting Goods 83,210 4.7% 4/30/2027 AMC Theatres 76,800 4.3% 9/30/2021 Burlington Coat Factory 60,000 3.4% 1/31/2025
22 Hallandale Self Storage                              
23 Springville Heights Condominium                              
24 HGI Plymouth                              
25 1030-1040 Broad Street 13,633 12.6% 7/31/2020 Int’l Planning Alliance LLC 8,921 8.2% 4/30/2020 VITAS Healthcare Corp 7,981 7.4% 2/28/2020 CURE Auto Insurance 6,089 5.6% 6/30/2021
26 Columbia Park Shopping Center 66,000 19.1% 9/30/2024 Big Lots 32,569 9.4% 1/31/2025 Shoppers World 26,260 7.6% 11/30/2019 Old Navy 25,301 7.3% 1/31/2020
27 Dublin Corners 2,721 8.5% 6/15/2025 Café Tazza 2,119 6.6% 5/31/2027 Safari Kid 2,106 6.5% 8/31/2018 Site for Sore Eyes 2,087 6.5% 3/31/2024
28 Residence Inn Omaha Aksarben Village                              
29 Simi Valley Industrial Park 20,496 13.2% 3/31/2019 Tri-Counties 19,139 12.4% 2/22/2021 InterMetro Communications Inc 18,674 12.1% MTM Currie Tech Corp, dba Currie Technologies 13,676 8.8% 8/31/2018
30 Plaza de Hacienda 22,254 16.1% 6/30/2018 Dollar Tree 10,860 7.8% 9/30/2021 Postal Connections 5,498 4.0% 7/31/2020 The 19th Hole 3,924 2.8% 4/30/2020
31 Northern Ohio Industrial Park 378,200 35.8% 12/31/2020 Central Ohio Warehouse LLC 130,349 12.3% 7/31/2031 United Pipe & Steel Corp. 80,620 7.6% 3/31/2020 Parker Hannifin Nichols Airborne Div. 3,138 0.3% MTM
32 Cascade Building 11,786 12.4% 12/31/2024 Sightlines, LLC 4,330 4.6% 9/30/2022 Mark Kramer dba Kramer & Associates 3,286 3.5% 3/31/2018 CB Engineers fka Majid Engineering 2,878 3.0% 10/31/2018
33 Paseo Lindo 14,236 23.7% 8/31/2026 Elements Theraputic Massage 2,392 4.0% 10/31/2021 Amazing Lash 1,902 3.2% 1/31/2022 Ashley Nails & Spa 1,896 3.2% 1/31/2024
34 Marengo Plaza 5,140 23.0% 3/31/2022 State of California 3,745 16.8% 9/30/2024 7-Eleven 2,421 10.8% 12/31/2026 Walgreens 2,114 9.5% 9/7/2026
35 444-446 86th Street 4,000 36.4% 1/31/2027                        
36 Alton Business Park 8,243 10.5% 9/30/2018 RedRock Security & Cabling, Inc. 7,680 9.7% 4/14/2018 Biolase, Inc. 6,029 7.6% 1/31/2019 Min (Frank) Zeng 5,320 6.7% 2/28/2018
37 Willowick Business Park 4,614 4.3% 6/30/2021 Stephen Liu & Julie Nguyen dba Methodology 4,309 4.0% 3/31/2020 JDK & Company 4,214 3.9% 6/30/2021 Contra Costa Tile & Floors, Inc. 3,864 3.6% 6/30/2019
38 Omega Self Storage – Amityville Portfolio                              
38.01 185-Omega Self Storage                              
38.02 491-Omega Storage Inc.                              
39 Walnut Grove Medical Center 4,741 11.7% 12/31/2023 George Ahad, M.D. 4,215 10.4% 7/31/2019 Eyecare Specialists Medical Group 3,382 8.3% 3/31/2021 Kids Care Pediatric Medical Group 3,369 8.3% 3/31/2023
40 Tustin Mayfair Plaza 10,080 24.4% 1/31/2019 El Molino de Oro 4,200 10.2% 12/31/2018 7-Eleven 2,880 7.0% 3/31/2018 Conca D’Oro 1,750 4.2% 4/30/2018
41 Water Tower Self Storage                              
42 RSM Business Park 11,704 15.8% 6/30/2018 Allstar Microelectronics, Inc. 9,000 12.1% 12/31/2017 The Spoken Word Church Ministries, Inc. 8,411 11.3% 7/31/2018 ATS Workholding, Inc. 7,970 10.7% 5/31/2019
43 Avenue Hall Executive Center 7,444 8.5% MTM Hunsaker & Associates L.A., Inc. 6,736 7.7% 5/31/2019 Taft Electric Company 6,460 7.4% 6/30/2022 Americraft Constructors, Inc. 6,288 7.2% 5/31/2020
44 Comfort Suites Hilton Head Bluffton                              
45 Harbor Court Plaza 4,020 13.4% 12/31/2019 David J. Deninno dba Coin Laundry 2,700 9.0% 3/31/2020 Milad & Hewaida Saad, H. (D & B Liquor) 2,400 8.0% 1/31/2023 Un Rincon Centro Americano 2,106 7.0% 8/31/2020
46 Boulevard Square II 2,686 5.1% 2/28/2021 Inspire Health and Wellness Spa 2,470 4.7% 8/31/2022 Freya, LLC 2,370 4.5% 5/31/2022 Aquablue 2,281 4.3% 10/31/2019
47 Shaw Blackstone Center-CA 10,512 30.7% 5/31/2027 Sleep Train 4,421 12.9% 10/31/2023 SacAuto Ins 3,320 9.7% 3/31/2020 Jackson&Hewitt 1,611 4.7% 4/30/2020
48 Hampton Inn - Marshall                              
49 Rite Aid Dunmore                              
50 Kirkwood Center 2,222 31.6% 1/31/2019 Visionworks 2,205 31.4% 5/31/2025                
51 Preferred Self Storage                              
52 Dollar General E. Peoria                              

 

A-1-7

 

 

ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES

 

Mortgage Loan Number Property Name Engineering Report Date Environmental Report Date (Phase I) Environmental Report Date (Phase II) Seismic Report Date Seismic PML % Seismic Insurance Required  (Y/N) Terrorism Insurance (Y/N) Loan Purpose Engineering Escrow / Deferred Maintenance ($) Tax Escrow (Initial) Monthly Tax Escrow ($) Tax Escrow - Cash or LoC Tax Escrow - LoC Counterparty Insurance Escrow (Initial) Monthly Insurance Escrow ($) Insurance Escrow - Cash or LoC Insurance Escrow - LoC Counterparty
1 Headquarters Plaza 8/28/2017 9/15/2017       N Y Recapitalization 73,255 603,660 201,220 Cash   0 Springing    
2 Marriott LAX 2/13/2017 2/14/2017   2/14/2017 18.0% N Y Refinance 0 0 Springing     0 Springing    
3 Mall of Louisiana 7/24/2017 7/24/2017       N Y Recapitalization 0 0 Springing     0 Springing    
4 Adler Portfolio Various Various       N Y Acquisition 814,288 337,662 147,716 Cash   0 Springing    
4.01 Carmel Executive Park 8/31/2017 9/1/2017       N Y                    
4.02 Vista Point North 8/31/2017 9/1/2017       N Y                    
4.03 Greenbriar Business Park 8/31/2017 9/1/2017       N Y                    
4.04 Plaza Southwest 9/15/2017 9/19/2017       N Y                    
4.05 Commerce Park North 9/18/2017 9/19/2017       N Y                    
4.06 Crescent 10 Facility 9/15/2017 9/18/2017       N Y                    
4.07 Technipark Ten Service Center 9/15/2017 9/15/2017       N Y                    
4.08 Westchase Park 9/15/2017 9/18/2017       N Y                    
5 U.S. Industrial Portfolio III 8/3/2017 Various   Various Various N Various Acquisition 0 0 Springing     0 Springing    
5.01 2121 Gardner Street 8/3/2017 8/3/2017       N Y                    
5.02 975 Cottonwood Avenue 8/3/2017 8/4/2017       N N                    
5.03 4925 Bulls Bay Highway 8/3/2017 8/2/2017       N Y                    
5.04 1500 Southeast 37th Street 8/3/2017 8/3/2017       N Y                    
5.05 10450 Medallion Drive 8/3/2017 8/3/2017       N Y                    
5.06 1501 Industrial Boulevard 8/3/2017 8/3/2017       N Y                    
5.07 1001 DDC Way 8/3/2017 8/4/2017       N Y                    
5.08 1152 Armorlite Drive 8/3/2017 8/3/2017   8/2/2017 8.0% N Y                    
5.09 3800 West Broward Boulevard 8/3/2017 8/3/2017       N Y                    
5.10 2900 & 2950 Hill Avenue 8/3/2017 8/2/2017       N Y                    
5.11 1700 Highland Road 8/3/2017 8/3/2017       N Y                    
5.12 1972 Salem Industrial Drive 8/3/2017 8/2/2017       N Y                    
5.13 1800 University Parkway 8/3/2017 8/3/2017       N Y                    
5.14 621 Hunt Valley Circle 8/3/2017 8/7/2017       N Y                    
5.15 5000 Askins Lane 8/3/2017 8/23/2017       N Y                    
5.16 900 Chaddick Drive 8/3/2017 8/3/2017       N Y                    
5.17 6600 Chapek Parkway 8/3/2017 8/3/2017       N Y                    
5.18 53208 Columbia Drive 8/3/2017 8/3/2017       N Y                    
5.19 7750 Hub Parkway 8/3/2017 8/3/2017       N Y                    
5.20 21699 Torrence Avenue & 2701 Kalvelage Drive 8/3/2017 8/3/2017       N Y                    
5.21 3221 Cherry Palm Drive 8/3/2017 8/22/2017       N Y                    
6 National Office Portfolio Various Various       N Y Refinance 196,044 2,076,255 337,483 Cash   271,808 20,908 Cash  
6.01 8330 LBJ Freeway 8/1/2017 7/31/2017       N Y                    
6.02 101 East Park Boulevard 7/26/2017 7/26/2017       N Y                    
6.03 13601 Preston Road 8/1/2017 7/26/2017       N Y                    
6.04 1750 East Golf Road 8/2/2017 7/26/2017       N Y                    
6.05 14800 Quorum Drive 8/2/2017 7/26/2017       N Y                    
6.06 1995 North Park Place 7/26/2017 7/26/2017       N Y                    
6.07 Northlake - 2295 Parklake Dr NE 7/18/2017 7/28/2017       N Y                    
6.08 4751 Best Road 7/26/2017 7/26/2017       N Y                    
6.09 The Centre - 4101 McEwen Road 7/17/2017 7/20/2017       N Y                    
6.10 The Centre - 4099 McEwen Road 7/17/2017 7/26/2017       N Y                    
6.11 11225 North 28th Drive 7/20/2017 7/20/2017       N Y                    
6.12 10000 North 31st Ave 7/19/2017 7/20/2017       N Y                    
6.13 The Centre - 4001 McEwen Road 7/18/2017 7/26/2017       N Y                    
6.14 4425 W Airport Fwy 7/25/2017 7/26/2017       N Y                    
6.15 Northlake - 2302 Parklake Dr NE 7/26/2017 7/28/2017       N Y                    
6.16 Northlake - 2305&2309 Parklake Dr NE 7/28/2017 7/28/2017       N Y                    
6.17 12100 Ford Road 7/28/2017 7/28/2017       N Y                    
6.18 The Centre - 4000N&S McEwen Road 7/26/2017 7/26/2017       N Y                    
7 HGI Savannah Historic District 9/21/2017 10/4/2017       N Y Refinance 0 46,645 46,648 Cash   0 Springing    
8 Belden Park Crossing 9/12/2017 9/15/2017       N Y Acquisition 2,500,000 553,362 110,672 Cash   55,700 6,963 Cash  
9 One Century Place 9/29/2017 7/6/2017       N Y Acquisition 0 0 Springing     0 Springing    
10 61 Grove Street 9/28/2017 10/2/2017       N Y Refinance 0 137,528 22,921 Cash   3,916 979 Cash  
11 777 Township Line Road 9/11/2017 9/12/2017       N Y Refinance 0 37,954 37,954 Cash   0 Springing    
12 The View at Marlton 8/1/2017 8/1/2017       N Y Refinance 0 0 Springing     0 Springing    
13 Corporate Center I & III 8/7/2017 8/7/2017       N Y Acquisition 0 8,247 8,247 Cash   7,680 2,560 Cash  
14 DoubleTree Berkeley Marina 4/19/2017 4/21/2017   4/19/2017 17.0% N Y Recapitalization 54,125 441,167 83,083 Cash   62,786 7,550 Cash  
15 Redmont Hotel Curio 9/12/2017 9/12/2017       N Y Refinance 0 25,726 8,575 Cash   81,176 6,765 Cash  
16 555 De Haro 8/18/2017 7/3/2017   7/28/2017 15.0% N Y Refinance 0 58,824 19,608 Cash   15,907 1,326 Cash  
17 Macedonia Commons 7/19/2017 7/18/2017       N Y Acquisition 131,250 33,868 16,934 Cash   39,060 3,551 Cash  
18 Northwoods Center 7/18/2017 7/19/2017       N Y Refinance 0 243,306 22,119 Cash   8,438 4,219 Cash  
19 100-102 Forsyth Street 7/5/2017; 7/6/2017 7/6/2017       N Y Refinance 0 52,749 17,583 Cash   21,615 1,965 Cash  
20 Hilton Houston Galleria TX 7/24/2017 7/7/2017       N Y Acquisition 101,545 406,280 40,628 Cash   0 Springing    
21 Del Amo Fashion Center 4/20/2017 4/17/2017   4/14/2017 12.0% N Y Refinance 0 0 Springing     0 Springing    
22 Hallandale Self Storage 6/13/2017 6/12/2017       N Y Acquisition 436,878 158,348 13,196 Cash   15,437 5,146 Cash  
23 Springville Heights Condominium 8/30/2017 8/29/2017       N Y Refinance 6,750 73,438 24,479 Cash   5,836 1,945 Cash  
24 HGI Plymouth 9/12/2017 9/13/2017       N Y Refinance 0 53,624 18,416 Cash   0 Springing    
25 1030-1040 Broad Street 7/12/2017 7/17/2017       N Y Acquisition 3,750 41,652 20,826 Cash   7,260 1,815 Cash  
26 Columbia Park Shopping Center 4/3/2017 4/25/2017       N Y Refinance 39,086 434,093 144,698 Cash   62,164 8,881 Cash  
27 Dublin Corners 8/11/2017 8/11/2017   8/11/2017 12.0% N Y Refinance 0 19,896 19,896 Cash   3,689 737 Cash  
28 Residence Inn Omaha Aksarben Village 10/6/2017 10/5/2017       N Y Acquisition 0 97,730 16,288 Cash   9,016 3,005 Cash  
29 Simi Valley Industrial Park 8/15/2017 8/15/2017   8/23/2017 31.0% Y Y Refinance 0 0 Springing     55,770 Springing Cash  
30 Plaza de Hacienda 7/24/2017 7/18/2017   7/21/2017 15.0% N Y Refinance 7,500 111,465 22,293 Cash   0 Springing    
31 Northern Ohio Industrial Park 7/7/2017 7/8/2017 8/7/2017     N Y Refinance 0 41,150 10,288 Cash   0 Springing    
32 Cascade Building 9/1/2017 9/1/2017   9/1/2017 17.0% N Y Refinance 1,688 116,001 9,280 Cash   16,149 1,615 Cash  
33 Paseo Lindo 8/22/2017 8/3/2017       N Y Acquisition 0 11,255 11,255 Cash   2,408 0 Cash  
34 Marengo Plaza 5/12/2017 5/12/2017   7/26/2017 12.0% N Y Refinance 10,000 10,628 10,628 Cash   9,728 1,081 Cash  
35 444-446 86th Street 8/18/2017 8/18/2017 9/13/2017     N Y Refinance 0 0 Springing     0 Springing    
36 Alton Business Park 8/2/2017 8/2/2017   8/22/2017 16.0% N Y Refinance 0 0 Springing     26,139 Springing Cash  
37 Willowick Business Park 8/14/2017 8/17/2017   8/14/2017 29.0% Y Y Refinance 0 0 Springing     60,746 Springing Cash  
38 Omega Self Storage – Amityville Portfolio 7/6/2017 7/6/2017       N Y Refinance 0 47,756 11,939 Cash   1,138 1,138 Cash  
38.01 185-Omega Self Storage 7/6/2017 7/6/2017       N Y                    
38.02 491-Omega Storage Inc. 7/6/2017 7/6/2017       N Y                    
39 Walnut Grove Medical Center 4/25/2017 5/3/2017   4/25/2017 11.0% N Y Refinance 0 9,938 9,938 Cash   0 Springing    
40 Tustin Mayfair Plaza 9/1/2017 9/1/2017   9/5/2017 22.0% Y Y Refinance 0 8,909 8,909 Cash   21,102 3,517 Cash  
41 Water Tower Self Storage 8/28/2017 8/28/2017       N Y Acquisition 0 13,808 6,904 Cash   0 Springing    
42 RSM Business Park 8/2/2017 8/8/2017   8/22/2017 17.0% N Y Refinance 0 0 Springing     19,880 Springing Cash  
43 Avenue Hall Executive Center 8/15/2017 8/15/2017   8/22/2017 19.0% N Y Refinance 0 0 Springing     39,678 Springing Cash  
44 Comfort Suites Hilton Head Bluffton 5/18/2017 5/19/2017       N Y Refinance 0 35,686 5,098 Cash   54,000 4,500 Cash  
45 Harbor Court Plaza 7/5/2017 7/7/2017   7/7/2017 16.0% N Y Acquisition 100,073 47,789 6,827 Cash   4,552 2,276 Cash  
46 Boulevard Square II 6/27/2017 6/27/2017       N Y Refinance 0 0 10,430 Cash   9,362 1,337 Cash  
47 Shaw Blackstone Center-CA 8/11/2017     8/11/2017 Building 1 & 3: 4%; Building 2: 6% N Y Refinance 0 47,733 6,819 Cash   7,249 1,209 Cash  
48 Hampton Inn - Marshall 8/22/2017 8/22/2017       N Y Acquisition 0 4,227 4,227 Cash   1,404 1,404 Cash  
49 Rite Aid Dunmore 5/23/2017 5/24/2017       N Y Refinance 0 0 0     471 235 Cash  
50 Kirkwood Center 7/10/2017         N Y Refinance 0 35,937 3,267 Cash   0 Springing    
51 Preferred Self Storage 5/25/2017 5/22/2017       N Y Acquisition 0 19,646 1,786 Cash   4,160 832 Cash  
52 Dollar General E. Peoria 8/15/2017 8/17/2017       N Y Acquisition 0 4,000 333 Cash   0 Springing    

 

A-1-8

 

 

ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES

 

Mortgage Loan Number Property Name Upfront Replacement Reserve ($) Monthly Replacement Reserve ($)(14) Replacement Reserve Cap ($) Replacement Reserve Escrow - Cash or LoC Replacement Reserve Escrow - LoC Counterparty Upfront TI/LC Reserve ($) Monthly TI/LC Reserve ($)(15) TI/LC Reserve Cap ($)(15) TI/LC Escrow - Cash or LoC TI/LC Escrow - LoC Counterparty Debt Service Escrow (Initial) ($) Debt Service Escrow (Monthly) ($) Debt Service Escrow - Cash or LoC Debt Service Escrow - LoC Counterparty
1 Headquarters Plaza 0 15,843 0 Cash   0 125,000 6000000 Cash   0 0    
2 Marriott LAX 0 Springing 0     0 0 0     0 0    
3 Mall of Louisiana 0 Springing 0     0 Springing 0     0 0    
4 Adler Portfolio 0 22,016 0 Cash   2,000,000 149,590; Springing 3,800,000 Cash   0 0    
4.01 Carmel Executive Park                            
4.02 Vista Point North                            
4.03 Greenbriar Business Park                            
4.04 Plaza Southwest                            
4.05 Commerce Park North                            
4.06 Crescent 10 Facility                            
4.07 Technipark Ten Service Center                            
4.08 Westchase Park                            
5 U.S. Industrial Portfolio III 0 6,250 0 Cash   120,000 Springing 0 Cash   0 0    
5.01 2121 Gardner Street                            
5.02 975 Cottonwood Avenue                            
5.03 4925 Bulls Bay Highway                            
5.04 1500 Southeast 37th Street                            
5.05 10450 Medallion Drive                            
5.06 1501 Industrial Boulevard                            
5.07 1001 DDC Way                            
5.08 1152 Armorlite Drive                            
5.09 3800 West Broward Boulevard                            
5.10 2900 & 2950 Hill Avenue                            
5.11 1700 Highland Road                            
5.12 1972 Salem Industrial Drive                            
5.13 1800 University Parkway                            
5.14 621 Hunt Valley Circle                            
5.15 5000 Askins Lane                            
5.16 900 Chaddick Drive                            
5.17 6600 Chapek Parkway                            
5.18 53208 Columbia Drive                            
5.19 7750 Hub Parkway                            
5.20 21699 Torrence Avenue & 2701 Kalvelage Drive                            
5.21 3221 Cherry Palm Drive                            
6 National Office Portfolio 150,000 53,598; Springing 1,157,715 Cash   7,176,724 0 3,859,050 Cash   0 0    
6.01 8330 LBJ Freeway                            
6.02 101 East Park Boulevard                            
6.03 13601 Preston Road                            
6.04 1750 East Golf Road                            
6.05 14800 Quorum Drive                            
6.06 1995 North Park Place                            
6.07 Northlake - 2295 Parklake Dr NE                            
6.08 4751 Best Road                            
6.09 The Centre - 4101 McEwen Road                            
6.10 The Centre - 4099 McEwen Road                            
6.11 11225 North 28th Drive                            
6.12 10000 North 31st Ave                            
6.13 The Centre - 4001 McEwen Road                            
6.14 4425 W Airport Fwy                            
6.15 Northlake - 2302 Parklake Dr NE                            
6.16 Northlake - 2305&2309 Parklake Dr NE                            
6.17 12100 Ford Road                            
6.18 The Centre - 4000N&S McEwen Road                            
7 HGI Savannah Historic District 0 0 0     0 0 0     0 0    
8 Belden Park Crossing 479,837 6,010 0 Cash   250,000 20,114; Springing 1,500,000 Cash   0 0    
9 One Century Place 0 Springing 0     0 Springing 0     0 0    
10 61 Grove Street 15,000 300 15,000 Cash   75,000 1,250 75,000 Cash   0 0    
11 777 Township Line Road 0 1,833 110,000 Cash   495,000 9,167 825,000 Cash   0 0    
12 The View at Marlton 0 1,518 0 Cash   372,857 10,417 625,000 Cash   0 0    
13 Corporate Center I & III 0 1,583 0 Cash   250,000 19,792 0 Cash   0 0    
14 DoubleTree Berkeley Marina 0 65,466 0     0 0 0     0 0    
15 Redmont Hotel Curio 0 1/12 of 4% of Gross Revenues 0 Cash   0 0 0     0 0    
16 555 De Haro 0 874 0 Cash   0 4,162 249,725 Cash   0 0    
17 Macedonia Commons 0 3,903 0 Cash   500,000 64,264 600,000 Cash   0 0    
18 Northwoods Center 135,382 1,440 0 Cash   150,000 5,000 450,000 Cash   0 0    
19 100-102 Forsyth Street 0 808 0 Cash   0 0 0     0 0    
20 Hilton Houston Galleria TX 0 31,322 0 Cash   0 0 0     0 0    
21 Del Amo Fashion Center 0 Springing 0     0 Springing 0     0 0    
22 Hallandale Self Storage 115,000 1,256 0 Cash   0 0 0     0 0    
23 Springville Heights Condominium 0 2,271 81,750 Cash   0 0 0     0 0    
24 HGI Plymouth 0 20,838 0 Cash   0 0 0     0 0    
25 1030-1040 Broad Street 0 2,071 0 Cash   200,000 9,005 500,000 Cash   0 0    
26 Columbia Park Shopping Center 0 5,762 350,000 Cash   0 21,606 1,200,000 Cash   0 0    
27 Dublin Corners 0 1,086; Springing 26,068 Cash   200,000 4,019; Springing 200,000 Cash   0 0    
28 Residence Inn Omaha Aksarben Village 0 13,087 0 Cash   0 0 0     0 0    
29 Simi Valley Industrial Park 0 Springing 0     0 Springing 0     0 0    
30 Plaza de Hacienda 0 Springing 0     250,000 8,659 0 Cash   0 0    
31 Northern Ohio Industrial Park 950,000 Springing 200,000 Cash   1,000,000 Springing 800,000 Cash   0 0    
32 Cascade Building 0 1,590 76,320 Cash   0 0 0     0 0    
33 Paseo Lindo 0 751 0 Cash   0 5,005 240,236 Cash   0 0    
34 Marengo Plaza 0 373 22,356 Cash   350,000 2,329 350,000 Cash   0 0    
35 444-446 86th Street 0 Springing 0     0 Springing 0     0 0    
36 Alton Business Park 0 Springing 0     0 Springing 0     0 0    
37 Willowick Business Park 0 Springing 0     0 Springing 0     0 0    
38 Omega Self Storage – Amityville Portfolio 0 718 0 Cash   0 0 0     0 0    
38.01 185-Omega Self Storage                            
38.02 491-Omega Storage Inc.                            
39 Walnut Grove Medical Center 0 677 0 Cash   0 5,075 183,000 Cash   0 0    
40 Tustin Mayfair Plaza 24,804 689 24,804 Cash   150,000 3,530 150,000 Cash   0 0    
41 Water Tower Self Storage 0 1,190 75,000 Cash   0 0 0     0 0    
42 RSM Business Park 0 Springing 0     0 Springing 0     0 0    
43 Avenue Hall Executive Center 0 Springing 0     0 Springing 0     0 0    
44 Comfort Suites Hilton Head Bluffton 0 7,906 0 Cash   0 0 0     0 0    
45 Harbor Court Plaza 0 501 0 Cash   65,000 2,504 0 Cash   0 0    
46 Boulevard Square II 0 777 0 Cash   0 1,182 0 Cash   0 0    
47 Shaw Blackstone Center-CA 0 571; Springing 13,692 Cash   0 2,853 102,696 Cash   0 0    
48 Hampton Inn - Marshall 0 7,241 0 Cash   0 0 0     0 0    
49 Rite Aid Dunmore 0 140 0 Cash   0 2,329 0 Cash   0 0    
50 Kirkwood Center 0 117 0 Cash   0 1,171; Springing 55,000 Cash   0 0    
51 Preferred Self Storage 0 442 0 Cash   0 0 0     0 0    
52 Dollar General E. Peoria 0 0 0     0 0 0     0 0    

 

A-1-9

 

 

ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES

 

Mortgage Loan Number Property Name Other Escrow I Reserve Description Other Escrow I (Initial) ($)(4)(8) Other Escrow I (Monthly) ($)(16) Other Escrow I Cap ($) Other Escrow I Escrow - Cash or LoC Other  Escrow I - LoC Counterparty
1 Headquarters Plaza Plaza Development Reserve ($1,500,000); Unfunded Obligation Reserve ($1,722,209) 3,222,209 0 0 Cash  
2 Marriott LAX PIP Reserve 12,975,832 0 0 Cash  
3 Mall of Louisiana   0 0 0    
4 Adler Portfolio Ground Rent Reserve 0 154,167 0 Cash  
4.01 Carmel Executive Park            
4.02 Vista Point North            
4.03 Greenbriar Business Park            
4.04 Plaza Southwest            
4.05 Commerce Park North            
4.06 Crescent 10 Facility            
4.07 Technipark Ten Service Center            
4.08 Westchase Park            
5 U.S. Industrial Portfolio III Rowe Security Deposit 453,411 0 0 Cash  
5.01 2121 Gardner Street            
5.02 975 Cottonwood Avenue            
5.03 4925 Bulls Bay Highway            
5.04 1500 Southeast 37th Street            
5.05 10450 Medallion Drive            
5.06 1501 Industrial Boulevard            
5.07 1001 DDC Way            
5.08 1152 Armorlite Drive            
5.09 3800 West Broward Boulevard            
5.10 2900 & 2950 Hill Avenue            
5.11 1700 Highland Road            
5.12 1972 Salem Industrial Drive            
5.13 1800 University Parkway            
5.14 621 Hunt Valley Circle            
5.15 5000 Askins Lane            
5.16 900 Chaddick Drive            
5.17 6600 Chapek Parkway            
5.18 53208 Columbia Drive            
5.19 7750 Hub Parkway            
5.20 21699 Torrence Avenue & 2701 Kalvelage Drive            
5.21 3221 Cherry Palm Drive            
6 National Office Portfolio Outstanding TI/LC Reserve ($2,575,793); Free Rent Reserve ($1,656,704) 4,232,497 0 0 Cash  
6.01 8330 LBJ Freeway            
6.02 101 East Park Boulevard            
6.03 13601 Preston Road            
6.04 1750 East Golf Road            
6.05 14800 Quorum Drive            
6.06 1995 North Park Place            
6.07 Northlake - 2295 Parklake Dr NE            
6.08 4751 Best Road            
6.09 The Centre - 4101 McEwen Road            
6.10 The Centre - 4099 McEwen Road            
6.11 11225 North 28th Drive            
6.12 10000 North 31st Ave            
6.13 The Centre - 4001 McEwen Road            
6.14 4425 W Airport Fwy            
6.15 Northlake - 2302 Parklake Dr NE            
6.16 Northlake - 2305&2309 Parklake Dr NE            
6.17 12100 Ford Road            
6.18 The Centre - 4000N&S McEwen Road            
7 HGI Savannah Historic District PIP Reserve 7,000,000 0 0 Cash  
8 Belden Park Crossing   0 0 0    
9 One Century Place Elevator Upgrades Repair Reserve 2,455,896 0 0 Cash  
10 61 Grove Street   0 0 0    
11 777 Township Line Road Morgan Stanley Rollover Reserve Fund 279,887 0 0 Cash  
12 The View at Marlton Rent Reserve 139,244 0 0 Cash  
13 Corporate Center I & III   0 0 0    
14 DoubleTree Berkeley Marina Seasonal Working Capital Reserve ($310,000); Ground Rent Reserve ($173,305) 483,305 Springing Seasonal Working Capital Reserve ($310,000); Ground Rent Reserve:  the product of (A) the largest monthly payment of Ground Rent and any other amounts that were due and payable under the Ground Lease in any trailing 12 month period and (B) 1.10. Cash  
15 Redmont Hotel Curio Seasonality Reserve 0 Springing 0    
16 555 De Haro   0 0 0    
17 Macedonia Commons   0 0 0    
18 Northwoods Center Unfunded Obligations Account 146,386 0 0 Cash  
19 100-102 Forsyth Street Designated Tenant Reserve I 4,000,000 0 0 Cash  
20 Hilton Houston Galleria TX PIP Reserve 655,500 Springing 0 Cash  
21 Del Amo Fashion Center Tenant Specific TILC Reserve 7,242,346 0 0 Guaranty  
22 Hallandale Self Storage CubeSmart Reserve 24,000 0 0 Cash  
23 Springville Heights Condominium Condominium Assessments Reserve 85,263 0 0 Cash  
24 HGI Plymouth   0 0 0    
25 1030-1040 Broad Street Morgan Stanley Reserve Subaccount 325,000 0 0 Cash  
26 Columbia Park Shopping Center   0 0 0    
27 Dublin Corners   0 0 0    
28 Residence Inn Omaha Aksarben Village Seasonality Reserve 66,000 0 0 Cash  
29 Simi Valley Industrial Park   0 0 0    
30 Plaza de Hacienda   0 0 0    
31 Northern Ohio Industrial Park   0 0 0    
32 Cascade Building   0 0 0    
33 Paseo Lindo   0 0 0    
34 Marengo Plaza   0 0 0    
35 444-446 86th Street Bath & Body Works Rent Reserve 0 Springing 0    
36 Alton Business Park   0 0 0    
37 Willowick Business Park   0 0 0    
38 Omega Self Storage – Amityville Portfolio   0 0 0    
38.01 185-Omega Self Storage            
38.02 491-Omega Storage Inc.            
39 Walnut Grove Medical Center Free Rent Reserve 26,338 0 0 Cash  
40 Tustin Mayfair Plaza Springing Planet Fitness Reserve 0 Springing 0    
41 Water Tower Self Storage   0 0 0    
42 RSM Business Park   0 0 0    
43 Avenue Hall Executive Center   0 0 0    
44 Comfort Suites Hilton Head Bluffton Seasonality Reserve 78,200 0 0    
45 Harbor Court Plaza Outstanding TI/LC Reserve 14,000 0 0 Cash  
46 Boulevard Square II Free Rent Reserve 5,763 0 0 Cash  
47 Shaw Blackstone Center-CA Existing TI/LC Reserve Funds 35,000 0 0 Cash  
48 Hampton Inn - Marshall PIP Reserve Fund 300,500 0 0 Cash  
49 Rite Aid Dunmore   0 0 0    
50 Kirkwood Center Springing Major Tenant Reserve 0 Springing 0    
51 Preferred Self Storage   0 0 0    
52 Dollar General E. Peoria   0 0 0    

 

A-1-10

 

 

ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES

 

Mortgage Loan Number Property Name Other Escrow II Reserve Description Other Escrow II (Initial) ($) Other Escrow II (Monthly) ($) Other Escrow II Cap ($) Other Escrow II Escrow - Cash or LoC Other  Escrow II - LoC Counterparty Holdback(4)(5)(8) Ownership Interest(17)
1 Headquarters Plaza FF&E Reserve; PIP Reserve 0 Springing 0       Fee
2 Marriott LAX Seasonality Reserve 0 Monthly amount equal to the lesser of excess cash flow available after debt service or 20% of the seasonality cap of $475,000 no later than monthly payment date in October of each calendar year. 475,000 Cash     Fee
3 Mall of Louisiana   0 0 0       Fee
4 Adler Portfolio Rent Concession / Tenant Specific TILC Reserve Rent Concession - $60,371.16 / Tenant Specific TILC - $384,367.77 0 0 Cash     Leasehold
4.01 Carmel Executive Park               Leasehold
4.02 Vista Point North               Leasehold
4.03 Greenbriar Business Park               Leasehold
4.04 Plaza Southwest               Leasehold
4.05 Commerce Park North               Leasehold
4.06 Crescent 10 Facility               Leasehold
4.07 Technipark Ten Service Center               Leasehold
4.08 Westchase Park               Leasehold
5 U.S. Industrial Portfolio III   0 0 0       Fee
5.01 2121 Gardner Street               Fee
5.02 975 Cottonwood Avenue               Fee
5.03 4925 Bulls Bay Highway               Fee
5.04 1500 Southeast 37th Street               Fee
5.05 10450 Medallion Drive               Fee
5.06 1501 Industrial Boulevard               Fee
5.07 1001 DDC Way               Fee
5.08 1152 Armorlite Drive               Fee
5.09 3800 West Broward Boulevard               Fee
5.10 2900 & 2950 Hill Avenue               Fee
5.11 1700 Highland Road               Fee
5.12 1972 Salem Industrial Drive               Fee
5.13 1800 University Parkway               Fee
5.14 621 Hunt Valley Circle               Fee
5.15 5000 Askins Lane               Fee
5.16 900 Chaddick Drive               Fee
5.17 6600 Chapek Parkway               Fee
5.18 53208 Columbia Drive               Fee
5.19 7750 Hub Parkway               Fee
5.20 21699 Torrence Avenue & 2701 Kalvelage Drive               Fee
5.21 3221 Cherry Palm Drive               Fee
6 National Office Portfolio   0 0 0       Fee
6.01 8330 LBJ Freeway               Fee
6.02 101 East Park Boulevard               Fee
6.03 13601 Preston Road               Fee
6.04 1750 East Golf Road               Fee
6.05 14800 Quorum Drive               Fee
6.06 1995 North Park Place               Fee
6.07 Northlake - 2295 Parklake Dr NE               Fee
6.08 4751 Best Road               Fee
6.09 The Centre - 4101 McEwen Road               Fee
6.10 The Centre - 4099 McEwen Road               Fee
6.11 11225 North 28th Drive               Fee
6.12 10000 North 31st Ave               Fee
6.13 The Centre - 4001 McEwen Road               Fee
6.14 4425 W Airport Fwy               Fee
6.15 Northlake - 2302 Parklake Dr NE               Fee
6.16 Northlake - 2305&2309 Parklake Dr NE               Fee
6.17 12100 Ford Road               Fee
6.18 The Centre - 4000N&S McEwen Road               Fee
7 HGI Savannah Historic District   0 0 0       Fee
8 Belden Park Crossing   0 0 0       Fee
9 One Century Place Wills Rollover Reserve; Willis Tenant TI Allowance Reserve 0 Springing 0       Fee
10 61 Grove Street   0 0 0       Fee
11 777 Township Line Road Good Shepherd Rollover Reserve Fund 93,600 0 0 Cash     Fee
12 The View at Marlton Malvern School Unpaid Obligations 967,288 0 0 Cash   3,300,000 Fee
13 Corporate Center I & III   0 0 0       Fee
14 DoubleTree Berkeley Marina Elective Capital Expenditures 1,062,268 0 0 Cash     Leasehold
15 Redmont Hotel Curio PIP Reserve 0 Springing 0       Fee
16 555 De Haro   0 0 0       Fee
17 Macedonia Commons   0 0 0       Fee
18 Northwoods Center   0 0 0       Fee
19 100-102 Forsyth Street   0 0 0       Fee
20 Hilton Houston Galleria TX   0 0 0       Fee
21 Del Amo Fashion Center Gap Rent Reserve 828,894 0 0 Guaranty     Fee
22 Hallandale Self Storage   0 0 0       Fee
23 Springville Heights Condominium   0 0 0       Fee
24 HGI Plymouth   0 0 0       Leasehold
25 1030-1040 Broad Street   0 0 0       Fee
26 Columbia Park Shopping Center   0 0 0       Fee
27 Dublin Corners   0 0 0       Fee
28 Residence Inn Omaha Aksarben Village   0 0 0       Fee
29 Simi Valley Industrial Park   0 0 0       Fee
30 Plaza de Hacienda   0 0 0       Fee
31 Northern Ohio Industrial Park   0 0 0       Fee
32 Cascade Building   0 0 0       Fee
33 Paseo Lindo   0 0 0       Fee
34 Marengo Plaza   0 0 0       Fee
35 444-446 86th Street   0 0 0       Fee
36 Alton Business Park   0 0 0       Fee
37 Willowick Business Park   0 0 0       Fee
38 Omega Self Storage – Amityville Portfolio   0 0 0       Fee
38.01 185-Omega Self Storage               Fee
38.02 491-Omega Storage Inc.               Fee
39 Walnut Grove Medical Center   0 0 0       Leasehold
40 Tustin Mayfair Plaza   0 0 0     700,000 Fee
41 Water Tower Self Storage   0 0 0       Fee
42 RSM Business Park   0 0 0       Fee
43 Avenue Hall Executive Center   0 0 0       Fee
44 Comfort Suites Hilton Head Bluffton   0 0 0       Fee
45 Harbor Court Plaza   0 0 0       Fee
46 Boulevard Square II   0 0 0       Fee
47 Shaw Blackstone Center-CA Springing Lamps Plus/Sketchers Reserve 0 Springing 0       Fee
48 Hampton Inn - Marshall   0 0 0       Fee
49 Rite Aid Dunmore   0 0 0       Fee
50 Kirkwood Center Scrubs & Beyond Reserve 85,000 0 0 Cash   420,000 Fee
51 Preferred Self Storage   0 0 0       Fee
52 Dollar General E. Peoria   0 0 0       Fee

 

A-1-11

 

 

ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES

 

Mortgage Loan Number Property Name Ground Lease Initial Expiration Date(8)(17) Annual Ground Rent Payment(8)(16)(17) Annual Ground Rent Increases Lockbox(18) Whole Loan Cut-off Date Balance ($) Whole Loan Debt Service ($) Subordinate Secured Debt Original Balance ($) Subordinate Secured Debt Cut-off Date Balance ($) Whole Loan U/W NOI DSCR (x) Whole Loan U/W NCF DSCR (x) Whole Loan Cut-off Date LTV Ratio
1 Headquarters Plaza       Hard/Springing Cash Management              
2 Marriott LAX       Hard/Upfront Cash Management              
3 Mall of Louisiana       Hard/Springing Cash Management              
4 Adler Portfolio 11/6/2116 $1,850,000 Scheduled increase per the ground lease Hard/Upfront Cash Management              
4.01 Carmel Executive Park 11/6/2116 $648,964 Scheduled increase per the ground lease                
4.02 Vista Point North 11/6/2116 $376,445 Scheduled increase per the ground lease                
4.03 Greenbriar Business Park 11/6/2116 $310,621 Scheduled increase per the ground lease                
4.04 Plaza Southwest 11/6/2116 $1 Scheduled increase per the ground lease                
4.05 Commerce Park North 11/6/2116 $149,593 Scheduled increase per the ground lease                
4.06 Crescent 10 Facility 11/6/2116 $161,339 Scheduled increase per the ground lease                
4.07 Technipark Ten Service Center 11/6/2116 $132,538 Scheduled increase per the ground lease                
4.08 Westchase Park 11/6/2116 $70,499 Scheduled increase per the ground lease                
5 U.S. Industrial Portfolio III       Hard/Springing Cash Management              
5.01 2121 Gardner Street                      
5.02 975 Cottonwood Avenue                      
5.03 4925 Bulls Bay Highway                      
5.04 1500 Southeast 37th Street                      
5.05 10450 Medallion Drive                      
5.06 1501 Industrial Boulevard                      
5.07 1001 DDC Way                      
5.08 1152 Armorlite Drive                      
5.09 3800 West Broward Boulevard                      
5.10 2900 & 2950 Hill Avenue                      
5.11 1700 Highland Road                      
5.12 1972 Salem Industrial Drive                      
5.13 1800 University Parkway                      
5.14 621 Hunt Valley Circle                      
5.15 5000 Askins Lane                      
5.16 900 Chaddick Drive                      
5.17 6600 Chapek Parkway                      
5.18 53208 Columbia Drive                      
5.19 7750 Hub Parkway                      
5.20 21699 Torrence Avenue & 2701 Kalvelage Drive                      
5.21 3221 Cherry Palm Drive                      
6 National Office Portfolio       Hard/Springing Cash Management              
6.01 8330 LBJ Freeway                      
6.02 101 East Park Boulevard                      
6.03 13601 Preston Road                      
6.04 1750 East Golf Road                      
6.05 14800 Quorum Drive                      
6.06 1995 North Park Place                      
6.07 Northlake - 2295 Parklake Dr NE                      
6.08 4751 Best Road                      
6.09 The Centre - 4101 McEwen Road                      
6.10 The Centre - 4099 McEwen Road                      
6.11 11225 North 28th Drive                      
6.12 10000 North 31st Ave                      
6.13 The Centre - 4001 McEwen Road                      
6.14 4425 W Airport Fwy                      
6.15 Northlake - 2302 Parklake Dr NE                      
6.16 Northlake - 2305&2309 Parklake Dr NE                      
6.17 12100 Ford Road                      
6.18 The Centre - 4000N&S McEwen Road                      
7 HGI Savannah Historic District       Springing              
8 Belden Park Crossing       Hard/Springing Cash Management              
9 One Century Place       Hard/Springing Cash Management              
10 61 Grove Street       Springing              
11 777 Township Line Road       Hard/Springing Cash Management              
12 The View at Marlton       Hard/Springing Cash Management              
13 Corporate Center I & III       Hard/Upfront Cash Management              
14 DoubleTree Berkeley Marina 12/31/2058 $734,916 CPI Hard/Springing Cash Management              
15 Redmont Hotel Curio       Hard/Upfront Cash Management              
16 555 De Haro       Hard/Springing Cash Management              
17 Macedonia Commons       Hard/Springing Cash Management              
18 Northwoods Center       Springing              
19 100-102 Forsyth Street       Springing              
20 Hilton Houston Galleria TX       Springing              
21 Del Amo Fashion Center       Hard/Springing Cash Management 585,000,000 1,807,796 125,700,000 125,700,000 2.74 2.63 50.6%
22 Hallandale Self Storage       Springing              
23 Springville Heights Condominium       Hard/Springing Cash Management              
24 HGI Plymouth 10/31/2065 $230,000 Increases as scheduled in the ground lease in 11/2022, 11/2027, 11/2037, 11/2047, 11/2057 and 11/2062 Springing              
25 1030-1040 Broad Street       Soft/Springing Cash Management              
26 Columbia Park Shopping Center       Hard/Upfront Cash Management              
27 Dublin Corners       Springing              
28 Residence Inn Omaha Aksarben Village       Springing              
29 Simi Valley Industrial Park       Springing              
30 Plaza de Hacienda       Hard/Springing Cash Management              
31 Northern Ohio Industrial Park       Hard/Springing Cash Management              
32 Cascade Building       Springing              
33 Paseo Lindo       Hard/Springing Cash Management              
34 Marengo Plaza       Springing              
35 444-446 86th Street       None              
36 Alton Business Park       Springing              
37 Willowick Business Park       Springing              
38 Omega Self Storage – Amityville Portfolio       None              
38.01 185-Omega Self Storage                      
38.02 491-Omega Storage Inc.                      
39 Walnut Grove Medical Center 2/4/2057 $1   Springing              
40 Tustin Mayfair Plaza       None              
41 Water Tower Self Storage       None              
42 RSM Business Park       Springing              
43 Avenue Hall Executive Center       Springing              
44 Comfort Suites Hilton Head Bluffton       Springing              
45 Harbor Court Plaza       Springing              
46 Boulevard Square II       Hard/Springing Cash Management              
47 Shaw Blackstone Center-CA       Springing              
48 Hampton Inn - Marshall       Springing              
49 Rite Aid Dunmore       Hard/Springing Cash Management              
50 Kirkwood Center       None              
51 Preferred Self Storage       None              
52 Dollar General E. Peoria       Hard/Upfront Cash Management              

 

A-1-12

 

 

ANNEX A-1 — CERTAIN CHARACTERISTICS OF THE MORTGAGE LOANS AND MORTGAGED PROPERTIES

 

Mortgage Loan Number Property Name Whole Loan Cut-off Date U/W NOI Debt Yield Whole Loan Cut-off Date U/W NCF Debt Yield Mezzanine Debt Cut-off Date Balance($) Sponsor(13)(19) Affiliated Sponsors Mortgage Loan Number
1 Headquarters Plaza       Seth Schochet; Brian Fisher   1
2 Marriott LAX       XLD Group N.A. Real Estate Development, Inc.   2
3 Mall of Louisiana       GGP Real Estate Holding I, Inc.   3
4 Adler Portfolio       Adler Kawa Real Estate Advisors, LLC; Matthew L. Adler; Adler Kawa Real Estate Services, LLC   4
4.01 Carmel Executive Park           4.01
4.02 Vista Point North           4.02
4.03 Greenbriar Business Park           4.03
4.04 Plaza Southwest           4.04
4.05 Commerce Park North           4.05
4.06 Crescent 10 Facility           4.06
4.07 Technipark Ten Service Center           4.07
4.08 Westchase Park           4.08
5 U.S. Industrial Portfolio III       Brennan Investment Group Acquisitions LLC   5
5.01 2121 Gardner Street           5.01
5.02 975 Cottonwood Avenue           5.02
5.03 4925 Bulls Bay Highway           5.03
5.04 1500 Southeast 37th Street           5.04
5.05 10450 Medallion Drive           5.05
5.06 1501 Industrial Boulevard           5.06
5.07 1001 DDC Way           5.07
5.08 1152 Armorlite Drive           5.08
5.09 3800 West Broward Boulevard           5.09
5.10 2900 & 2950 Hill Avenue           5.10
5.11 1700 Highland Road           5.11
5.12 1972 Salem Industrial Drive           5.12
5.13 1800 University Parkway           5.13
5.14 621 Hunt Valley Circle           5.14
5.15 5000 Askins Lane           5.15
5.16 900 Chaddick Drive           5.16
5.17 6600 Chapek Parkway           5.17
5.18 53208 Columbia Drive           5.18
5.19 7750 Hub Parkway           5.19
5.20 21699 Torrence Avenue & 2701 Kalvelage Drive           5.20
5.21 3221 Cherry Palm Drive           5.21
6 National Office Portfolio       Andrew J. Segal   6
6.01 8330 LBJ Freeway           6.01
6.02 101 East Park Boulevard           6.02
6.03 13601 Preston Road           6.03
6.04 1750 East Golf Road           6.04
6.05 14800 Quorum Drive           6.05
6.06 1995 North Park Place           6.06
6.07 Northlake - 2295 Parklake Dr NE           6.07
6.08 4751 Best Road           6.08
6.09 The Centre - 4101 McEwen Road           6.09
6.10 The Centre - 4099 McEwen Road           6.10
6.11 11225 North 28th Drive           6.11
6.12 10000 North 31st Ave           6.12
6.13 The Centre - 4001 McEwen Road           6.13
6.14 4425 W Airport Fwy           6.14
6.15 Northlake - 2302 Parklake Dr NE           6.15
6.16 Northlake - 2305&2309 Parklake Dr NE           6.16
6.17 12100 Ford Road           6.17
6.18 The Centre - 4000N&S McEwen Road           6.18
7 HGI Savannah Historic District       S. Jay Patel   7
8 Belden Park Crossing       Robert L. Stark   8
9 One Century Place       Stone Company SPC   9
10 61 Grove Street       Alfred Sabetfard   10
11 777 Township Line Road       Pembroke Hobson LLC; John B. Vander Zwaag; Richard C. Hamlin; Jeffrey J. Irmer   11
12 The View at Marlton       Peter C. Abrams, Henry Gorenstein, Panagiotis (“Peter”) Lazaropoulos   12
13 Corporate Center I & III       Dr. David James Smith   13
14 DoubleTree Berkeley Marina       Junson Capital   14
15 Redmont Hotel Curio       James W. Lewis, Jr.   15
16 555 De Haro       Atit Jariwala   16
17 Macedonia Commons       Lance F. Osborne   17
18 Northwoods Center       ROBERT BERGER, RICHARD VINCENT GLICKMAN, ANTHONY JOHN PASSANDER   18
19 100-102 Forsyth Street       Edmond Li   19
20 Hilton Houston Galleria TX       Frank Yuan; Jerome Yuan; Norbert Yuan   20
21 Del Amo Fashion Center 10.1% 9.7%   Simon Property Group, L.P.; Commingled Pension Trust Fund (Strategic Property) of JPMorgan Chase Bank, N.A.   21
22 Hallandale Self Storage       Alex Meshechock; Larry Kaplan; Rick Schontz   22
23 Springville Heights Condominium       Thomas Liebermann   23
24 HGI Plymouth       Abbas K. Shikary; Fatema A. Shikary; James Gerish; Kris Gerish   24
25 1030-1040 Broad Street       Benzion Kohn   25
26 Columbia Park Shopping Center     7,905,512 Forest City Realty Trust, Inc.   26
27 Dublin Corners       Mark A. Shaheen, Sr.; Issa A. Shaheen   27
28 Residence Inn Omaha Aksarben Village       Richard H. Wiens   28
29 Simi Valley Industrial Park       Pacific Equities Group Group 1 29
30 Plaza de Hacienda       Cassandra Lynn Holt   30
31 Northern Ohio Industrial Park       Stephen Rosen   31
32 Cascade Building       Matthew Felton   32
33 Paseo Lindo       Yilin Yao   33
34 Marengo Plaza       Hamid Yousefian   34
35 444-446 86th Street       Raymond Gindi   35
36 Alton Business Park       Pacific Equities Group Group 1 36
37 Willowick Business Park       Pacific Equities Group Group 1 37
38 Omega Self Storage – Amityville Portfolio       Vimal K. Goyal   38
38.01 185-Omega Self Storage           38.01
38.02 491-Omega Storage Inc.           38.02
39 Walnut Grove Medical Center       John R. Saunders   39
40 Tustin Mayfair Plaza       Kevin S. Maguire; Jason D. Ball   40
41 Water Tower Self Storage       Sidney I. Moss   41
42 RSM Business Park       Pacific Equities Group Group 1 42
43 Avenue Hall Executive Center       Pacific Equities Group Group 1 43
44 Comfort Suites Hilton Head Bluffton       Noor & Sukayna Merchant   44
45 Harbor Court Plaza       Hooman Dayani, Parviz Omidvar, Saeed Babaeean   45
46 Boulevard Square II       Todd Berning; Steven Gehrtz; Jeffrey Miller   46
47 Shaw Blackstone Center-CA       The Exempt Bypass Trust U/A The Fay Revocable Trust; The Marital Trust U/A The Fay Revocable Trust; The Survivor’s Trust U/A The Fay Revocable Trust   47
48 Hampton Inn - Marshall       Jimmy Asmar; Malik Abdulnoor   48
49 Rite Aid Dunmore       Leon Goldstein   49
50 Kirkwood Center       Andrew D. Carter; Anthony Brian Cornelius   50
51 Preferred Self Storage       Robert A. Behar, M.D.; Ira M. Fox   51
52 Dollar General E. Peoria       Ladder Capital CRE Equity LLC   52

 

A-1-13

 

 

FOOTNOTES TO ANNEX A-1

 

 

See “Annex A-3: Summaries of the Fifteen Largest Mortgage Loans” in the Preliminary Prospectus for additional information on the 15 largest mortgage loans.

 

(1)“Barclays” denotes Barclays Bank PLC, “AREF” denotes Argentic Real Estate Finance LLC, “LCF” denotes Ladder Capital Finance LLC and “WFB” denotes Wells Fargo Bank, National Association.

 

(2)For mortgage loan #1 (Headquarters Plaza), the Cut-off Date Balance Per Unit/SF is calculated using 885,516 square feet, which consists of the office (562,242 square feet) and retail (167,274 square feet) portion of the mortgaged property plus 156,000 square feet attributable to the hotel portion of the mortgaged property. Calculated solely based on the 729,516 square feet of the office and retail portion, Cut-off Date Balance Per Unit/SF is equal to $205.62. The Number of Units and Occupancy Rate are based on the 729,516 square feet related to the office and retail portion of the mortgaged property.

 

For mortgage loan #2 (Marriott LAX), food and beverage income accounts for approximately 24.1% of U/W Revenues.

 

For mortgage loan #10 (61 Grove Street), the Number of Units includes 12 multifamily units. In addition to the multifamily units, there is also 3,000 square feet of retail space. Occupancy is based on the multifamily units only.

 

For mortgage loan #12 (The View at Marlton), the fifth largest tenant (3,600 square feet), representing 4.0% of the net rentable square feet, leases the collateral pad site and the improvements built on the pad site are owned by the tenant.

 

For mortgage loan #14 (DoubleTree Berkeley Marina), food and beverage income accounts for approximately 20.9% of U/W Revenues.

 

For mortgage loan #15 (Redmont Hotel Curio), food and beverage income accounts for approximately 32.1% of U/W Revenues.

 

For mortgage loan #19 (100-102 Forsyth Street), the Number of Units includes 13,955 square feet of multifamily space (36 units) and 4,600 square feet of retail space.

 

For mortgage loan #21 (Del Amo Fashion Center), the second largest tenant (138,000 square feet), representing 7.8% of net rentable square feet, leases the collateral pad site and the improvements built on the pad site are owned by the tenant.

 

For mortgage loan #22 (Hallandale Self Storage), parking income accounts for approximately 23.7% of U/W Revenues.

 

For mortgage loan #32 (Cascade Building), the Number of Units includes 6,476 square feet of retail space and 88,922 square feet of office space.

 

For mortgage loan #34 (Marengo Plaza), the Number of Units includes 12,542 square feet of retail space and 9,814 square feet of office space.

 

For mortgage loan #46 (Boulevard Square II), the Number of Units includes 38,541 square feet of multifamily space (36 units) and 14,189 square feet of retail space.

 

(3)For mortgage loan #3 (Mall of Louisiana), the Grace Period Default (Days) is two business days once in any trailing twelve-month period.

 

(4)For mortgage loan #2 (Marriott LAX), the Appraised Value represents the value assuming the property improvement plan, which is expected to be completed by the end of 2017, has been completed. A $12,975,832 reserve was collected at origination (held by Marriott), reflecting the remaining unfunded portion of the property improvement plan costs. The appraised value

 

A-1-14

 

 

assuming the property improvement plan has not been completed is $257,000,000. The Cut-off Date LTV Ratio and LTV Ratio at Maturity based on the $257,000,000 appraised value are 56.5% and 47.0%, respectively.

 

For mortgage loan #5 (U.S. Industrial Portfolio III), the Appraised Value of $166,300,000 reflects a 4% premium attributed to the aggregate appraised value of the related mortgaged properties as a whole. The sum of the appraised values for each of the related mortgaged properties on an individual basis is $159,940,000. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD based on the $159,940,000 appraised value are 75.4% and 68.6%, respectively.

 

For mortgage loan #7 (HGI Savannah Historic District), the Appraised Value assumes the property improvement plan, scheduled to be completed in February 2018, has been completed. A $7,000,000 reserve was taken at closing, representing the outstanding property improvement plan costs. The appraised value assuming the property improvement plan has not been completed is $46,000,000. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD based on the $46,000,000 appraised value are 57.6% and 46.6%, respectively.

 

For mortgage loan #12 (The View at Marlton), the Appraised Value assumes the third largest tenant (8,400 square feet), representing 9.2% of net rentable square feet, is currently having its free-standing premises constructed, is in occupancy, open for business and paying full unabated rent. Construction of the free-standing premises is anticipated to be complete in March 2018. The third largest tenant has executed its lease and a $3,300,000 Holdback was taken at closing, until the premises is fully constructed, and the tenant is in occupancy and paying full unabated rent by September 27, 2018. The appraised value assuming the third largest tenant is not in occupancy and paying rent is $33,600,000. The Cut-off Date LTV Ratio and LTV Ratio at Maturity are based on the $33,600,000 appraised value are 69.1% and 57.9%, respectively.

 

For mortgage loan #19 (100-102 Forsyth Street), the mortgaged property was underwritten based on the related appraisal’s estimate of stabilized expenses and borrower budget. The Appraised Value assumes the property reaches a stabilized occupancy of 98.0% after the renovation of the vacant free market multifamily units have been completed. The appraised value assuming one month of lost rent during the lease up period is $23,900,000. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD based on the $23,900,000 appraised value are 66.9% and 66.9%, respectively.

 

For mortgage loan #20 (Hilton Houston Galleria TX), the Appraised Value assumes the property improvement plan, scheduled to be completed by July 2018, has been completed. A $655,500 reserve was taken at closing, representing the outstanding property improvement plan costs. The appraised value assuming the property improvement plan has not been completed is $24,000,000. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD based on the $24,000,000 appraised value are 65.0% and 58.1%, respectively.

 

For mortgage loan #40 (Tustin Mayfair Plaza), the Appraised Value assumes a renovation, scheduled to be completed by January 2018, has been completed. The appraised value assuming the renovations have not been completed is $14,450,000. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD based on the $14,450,000 appraised value are 51.9% and 51.9%, respectively.

 

For mortgage loan #50 (Kirkwood Center), the Appraised Value assumes the largest tenant (2,598 square feet), representing 37.0% of net rentable square feet, has executed a lease, is in occupancy and will begin paying rent in December 2017. The largest tenant has executed its lease and a $420,000 Holdback was taken at closing, to be held until an acceptable estoppel is received. The appraised value assuming the largest tenant is not in occupancy and paying rent is $3,180,000. The Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD based on the $3,180,000 appraised value are 56.5% and 35.2%, respectively.

 

(5)For mortgage loan #12 (The View at Marlton), the Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD of the mortgage loan were adjusted to reflect stabilized value, and such adjustment results in a 72.6% Cut-off Date LTV Ratio and LTV Ratio at Maturity or ARD of 62.3%, respectively.

 

A-1-15

 

 

For mortgage loan #12 (The View at Marlton), all LTVs, DSCRs and Debt Yields are calculated assuming the full loan amount of $26,500,000. The Holdback can be disbursed in whole when the following conditions are satisfied: (i) the construction of the free-standing premises for third largest tenant, (8,400 square feet), representing 9.2% of net rentable square feet, is complete; (ii) the third largest tenant is in occupancy and paying full unabated rent; and (iii) the mortgaged property must be generating a net cash flow debt service coverage ratio of 1.25x or greater, the debt yield is no less than 7.74%, and a loan to value ratio does not exceed 75.0%. If the Holdback has not been released by September 27, 2018, the borrower may extend the deadline by six months subject to lender approval. In the event that the borrower does not achieve the earn-out, the lender has the right to use the funds to permanently pre-pay the loan, subject to applicable prepayment penalties to be paid by the borrower. Assuming the full Holdback balance is applied to the full loan amount of $26,500,000, Cut-off Date LTV Ratio, LTV Ratio at Maturity, U/W NOI DSCR, U/W NCF DSCR, U/W NOI Debt Yield and U/W NCF Debt Yield are 69.0%, 59.3%, 1.58x, 1.51x, 9.8% and 9.4%, respectively.

 

For mortgage loan #40 (Tustin Mayfair Plaza), all LTVs, DSCRs and Debt Yields are calculated assuming the full loan amount of $7,500,000. The Holdback can be disbursed as follows provided that the following conditions are satisfied: (i) $420,000 can be disbursed if the third largest tenant (4,200 square feet), representing 10.2% of net rentable square feet, is in occupancy, open for business and paying full unabated rent for at least one month; (ii) $124,400 can be disbursed if The Flame Broiler (1,400 square feet), representing 3.4% of net rentable square feet, is in occupancy, open for business and paying full unabated rent for at least one month; (iii) $155,600 can be disbursed if Truffle Bistro (1,750 square feet), representing 4.2% of net rentable square feet, is in occupancy, open for business and paying full unabated rent for at least one month; and (iv) unless one or more of (i), (ii) or (iii) have not occurred, the net cash flow debt yield is at least 10.0%, physical and economic occupancy is at least 95.0% and the loan to value ratio is no greater than 55.0%. If the Holdback has not been released by October 17, 2019, the lender may apply the unreleased proceeds to pay down the loan, accompanied by the applicable yield maintenance premium to be paid by the borrower. Assuming the full Holdback balance is applied to the full loan amount of $7,500,000, Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD, U/W NOI DSCR, U/W NCF DSCR, U/W NOI Debt Yield and U/W NCF Debt Yield are 47.1%, 47.1%, 2.59x, 2.50x, 11.9% and 11.4%, respectively.

 

For mortgage loan #50 (Kirkwood Center), all LTVs, DSCRs and Debt Yields are calculated assuming the full loan amount of $1,800,000. The Holdback can be disbursed in whole when the following conditions are satisfied: (i) net cash flow debt yield is no less than 10.0%; and (ii) the largest tenant (2,598 square feet), representing 37.0% of net rentable square feet, provides the lender with an estoppel under a lease pursuant to the terms and conditions in the loan agreement. If the Holdback has not been released by September 22, 2018, the lender may apply the unreleased proceeds to pay down the loan, accompanied by the applicable yield maintenance premium to be paid by the borrower. Assuming the full Holdback balance is applied to the full loan amount of $1,800,000, Cut-off Date LTV Ratio, LTV Ratio at Maturity or ARD, U/W NOI DSCR, U/W NCF DSCR, U/W NOI Debt Yield and U/W NCF Debt Yield are 43.3%, 22.0%, 2.12x, 2.06x, 16.4% and 16.0%, respectively.

 

(6)For mortgage loan #1 (Headquarters Plaza), the mortgage loan represents Notes A-3 and A-4, two of four pari passu notes, which have a combined Cut-off Date Balance of $150,000,000. Notes A-1 and A-2 are not included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance per Unit/SF figures presented are based on Notes A-1, A-2, A-3 and A-4 in the aggregate (the “Headquarters Plaza Whole Loan”). Notes A-3 and A-4 represent a non-controlling interest in the Headquarters Plaza Whole Loan.

 

For mortgage loan #2 (Marriott LAX), the mortgage loan represents Note A-3-A, one of three pari passu notes, which have a combined Cut-off Date Balance of $145,156,075. Note A-1-A and Note A-2 are not included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance per Unit/SF figures presented are based on Note A-1-A, Note A-2 and Note A-3-A in the aggregate (the “Marriott LAX Whole Loan”). Note A-3-A represents a non-controlling interest in the Marriott LAX Whole Loan.

 

For mortgage loan #3 (Mall of Louisiana), the mortgage loan represents Note A-5-1, one of nine pari passu notes, which have a combined Cut-off Date Balance of $325,000,000. Notes A-1, A-2,

 

A-1-16

 

 

A-3-1, A-3-2, A-4, A-5-2, A-6 and A-7 are not included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance per Unit/SF figures presented are based on Notes A-1, A-2, A-3-1, A-3-2, A-4, A-5-1, A-5-2, A-6, and A-7 in the aggregate (the “Mall of Louisiana Whole Loan”). Note A-5-1 represents a non-controlling interest in the Mall of Louisiana Whole Loan.

 

For mortgage loan #5 (U.S. Industrial Portfolio III), the mortgage loan represents Note A-2, one of three pari passu notes, which have a combined Cut-off Date Balance of $120,537,149. Notes A-1-1 and A-1-2 are not included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance per Unit/SF figures presented are based on Notes A-1-1, A-1-2, and A-2 in the aggregate (the “US Industrial Portfolio III Whole Loan”). Note A-2 represents a non-controlling interest in the US Industrial Portfolio III Whole Loan.

 

For mortgage loan #6 (National Office Portfolio), the mortgage loan represents Note A-3, one of six pari passu notes, which have a combined Cut-off Date principal balance of $184,784,901. Notes A-1-A, A-1-B, A-2-A, A-4-B, and A-5-A are not included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance per Unit/SF figures presented are based on all notes in the aggregate (the “National Office Portfolio Whole Loan”). Note A-3 represents a non-controlling interest in the National Office Portfolio Whole Loan.

 

For mortgage loan #8 (Belden Park Crossing), the mortgage loan represents Note A-2, one of three pari passu notes, which have a combined Cut-off Date Balance of $51,000,000. Note A-1-A and Note A-1-B are not included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance per Unit/SF figures presented are based on Note A-1-A, Note A-1-B and Note A-2 in the aggregate (the “Belden Park Crossing Whole Loan”). Note A-2 represents a non-controlling interest in the Belden Park Crossing Whole Loan.

 

For mortgage loan #9 (One Century Place), the mortgage loan represents Note A-2, one of two pari passu notes, which have a combined Cut-off Date Balance of $66,300,000. Note A-1 is not included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance per Unit/SF figures presented are based on Notes A-1 and A-2 in the aggregate (the “One Century Place Whole Loan”). Note A-2 represents a non-controlling interest in the One Century Place Whole Loan.

 

Fort mortgage loan #12 (The View at Marlton), the mortgage loan represents Note A-1, one of two pari passu notes, which have a combined Cut-off Date Balance of $26,500,000. Note A-2 is not included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance per Unit/SF figures presented are based on Notes A-1 and A-2 in the aggregate (“The View at Marlton Whole Loan”). Note A-1 represents a controlling interest in The View at Marlton Whole Loan.

 

For mortgage loan #14 (DoubleTree Berkeley Marina), the mortgage loan represents Note A-2, one of four pari passu notes, which have a combined Cut-off Date Balance of $52,500,000. Note A-1-1, A-1-2, and A-1-3 are not included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance per Unit/SF figures presented are based on Notes A-1-1, A-1-2, A-1-3 and A-2 in the aggregate (the “DoubleTree Berkeley Marina Whole Loan”). Note A-2 represents a non-controlling interest in the DoubleTree Berkeley Marina Whole Loan.

 

For mortgage loan #17 (Macedonia Commons), the mortgage loan represents Note A-1, one of two pari passu notes, which have a combined Cut-off Date Balance of $34,200,000. Note A-2 is not included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance per Unit/SF figures presented are based on Note A-1 and Note A-2 in the aggregate (the “Macedonia Commons Whole Loan”). Note A-1 represents a controlling interest in the Macedonia Commons Whole Loan.

 

For mortgage loan #21 (Del Amo Fashion Center), the mortgage loan represents Notes A-2-2-B and B-2-2-B, two of 34 pari passu notes, which have a combined Cut-off Date Balance of $459,300,000. The other notes are not included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance per Unit/SF figures presented are based on all notes in the aggregate (the “Del Amo Fashion Center Senior Loan”). Notes A-2-2-B and B-2-2-B represent non-controlling interests in the Del Amo Fashion Center Senior Loan.

 

For mortgage loan #26 (Columbia Park Shopping Center), the mortgage loan represents Note A-2, one of two pari passu notes, which have a combined Cut-off Date Balance of $62,700,000.

 

A-1-17

 

 

Note A-1 is not included in the trust. All LTV, DSCR, Debt Yield and Cut-off Date Balance per Unit/SF figures presented are based on Notes A-1 and A-2 in the aggregate (the “Columbia Park Shopping Center Whole Loan”). Note A-2 represents a non-controlling interest in the Columbia Park Shopping Center Whole Loan.

 

(7)For mortgage loan #5 (U.S. Industrial Portfolio III), the sum of the U/W Net Operating Income and U/W Net Cash Flow for each of the related mortgaged properties is greater than the U/W Net Operating Income and UW Net Cash Flow for the related whole loan as a vacancy adjustment was applied to the portfolio level underwriting.

 

(8)In certain cases, mortgage loans may have tenants that have executed leases, but may not be fully paying rent or occupying the related leased premises that were included in the underwriting.

 

For mortgage loan #1 (Headquarters Plaza), the fourth largest tenant (33,000 square feet), representing 4.5% of the net rentable square feet has one month of free rent each year beginning 2019 and ending in 2024. At origination, the borrower escrowed $490,875 to cover the free rent periods from 2019 and 2021.

 

For mortgage loan #3 (Mall of Louisiana), the third largest tenant (46,900 square feet), representing 6.0% of net rentable square feet, has executed a lease but has yet to take occupancy at the property or commence paying rent. The third largest tenant is expected to take occupancy in August 2018. The Sponsor has provided a full guaranty for $8,519,922 in unfunded tenant allowances, landlord costs and “gap” rent covering a 15-month period.

 

For mortgage loan #4 (Adler Portfolio), the third largest tenant at the Vista Point North mortgaged property (15,749 square feet), representing 11.0% of net rentable square feet, has abated rent in November 2017 through January 2018. A $60,371 reserve was taken at closing for the outstanding rent abatements.

 

For mortgage loan #5 (U.S. Industrial Portfolio III), the largest tenant at the 1152 Armorlite Drive mortgaged property (44,313 square feet), representing 1.5% of the entire portfolio, subleases 44,313 square feet for a total annual base rent of $344,312 ($7.77 per square foot, expiring December 2027). The largest tenant at the 1972 Salem Industrial Drive mortgaged property (317,144 square feet), representing 11.0% of the entire portfolio, subleases 126,275 square feet for a total annual base rent of $201,600 ($1.60 per square foot, expiring July 2028). The largest tenant at the 3800 West Broward Boulevard mortgaged property (32,688 square feet), representing 1.1% of the entire portfolio, subleases 10,303 square feet for a total annual base rent of $242,017 ($23.49 per square foot, expiring December 2027). The 900 Chaddick Drive mortgaged property is currently 100% leased to the largest tenant at the 900 Chaddick Drive mortgaged property through January 2019. The largest tenant at the 900 Chaddick Drive mortgaged property is currently dark. In the event the largest tenant at the 900 Chaddick Drive mortgaged property does not renew at expiration in January 2019, the tenant will be required to pay a non-renewal fee of $380,000. No rent was underwritten for the 900 Chaddick Drive property.

 

For mortgage loan #6 (National Office Portfolio), numerous third party tenants are in free rent or rent abatement periods. $1,656,704 has been reserved with the lender in respect of free rent and rent abatements for the portfolio of related mortgaged properties.

 

For mortgage loan #9 (One Century Place), the fourth largest tenant (55,962 square feet), representing 10.4% of the net rentable square feet, subleases 4,164 square feet to one tenant and 340 square feet to a second tenant, for a total annual base rent of $107,915 ($23.96 per square foot). Both subleases are coterminous with the fourth largest tenant’s lease expiring April 2025.

 

For mortgage loan #12 (The View at Marlton), the third largest tenant, representing approximately 9.2% of the net rentable square feet, has not yet taken occupancy or begun paying rent due to construction that is expected to be completed in February 2018. The related borrower escrowed $3,300,000 at loan closing in connection with such construction, to be earned out upon The Malvern School taking occupancy and commencing rent payments. For the borrower to qualify for release of funds from the earnout reserve, the related loan documents provide that the

 

A-1-18

 

 

mortgaged property must be generating net cash flow such that (i) the LTV ratio is not more than 75.0%, (ii) the DSCR is not less than 1.25x and (iii) the Debt Yield is not less than 7.7%. The borrower has 12 months to effectuate the earnout, with a possible 6-month extension subject to the lender’s approval. In the event that the borrower does not achieve the earn-out, the lender has the right to use the funds to permanently pre-pay the mortgage loan, subject to applicable prepayment penalties. In addition, the mortgaged property is subject to a ground lease dated March 16, 2010, between the related borrower’s predecessor-in-interest, as ground lessor, and Susquehanna Bank, as ground lessee. An assignment of such ground lease was executed on August 1, 2015, from Susquehanna Bank to BB&T Bank. The current fixed rent under the ground lease is $165,000 per annum, payable in monthly installments. The ground lease is scheduled to terminate on August 31, 2025.

 

For mortgage loan #13 (Corporate Center I & III), the largest tenant (24,742 square feet), representing 26.0% of net rentable square feet, subleases 4,912 square feet of its space, representing 5.2% of net rentable square feet, for a total annual base rent of $103,152 ($21.00 per square foot expiring on October 1, 2022). The lease and the sublease are coterminous and rent payments in the sublease are identical to the rent owed under the direct lease.

 

For mortgage loan #17 (Macedonia Commons), the third largest tenant (54,127 square feet), representing 17.3% of net rentable square feet, subleases 54,127 square feet to Hobby Lobby through December 31, 2019. The lease and the sublease are coterminous and Hobby Lobby’s rent payments in the sublease are identical to the rent owed under the direct lease.

 

For mortgage loan #19 (100-102 Forsyth Street), the mortgaged property has 13 units subject to rent stabilization. The largest tenant, representing approximately 91.3% of the net rentable square feet, is in occupancy but has not yet opened for business. The largest tenant is expected to open for business by December 2017. In addition, such tenant has one month of abated rent each year for the first three years of its lease term which began in July 2017. The borrower escrowed $4,000,000 at loan closing, $2,750,000 of which is to be released upon the satisfaction of certain conditions, including, but not limited to, the tenant being in occupancy, open for business and paying unabated rent for three consecutive calendar months.

 

For mortgage loan #32 (Cascade Building), the largest tenant (18,473 square feet), representing 19.5% of the net rentable square feet, has notified the borrower that it will vacate 9,375 square feet but will pay rent on the total square footage through December 2018.

 

For mortgage loan #39 (Walnut Grove Medical Center), the second largest tenant (4,741 square feet), representing 11.7% of the net rentable square feet has one month of free rent in October 2018 and October 2019. At origination, the borrower escrowed $26,337 to cover these free rent period in addition to outstanding free rent for other tenants.

 

For mortgage loan #40 (Tustin Mayfair Plaza), the third largest tenant (4,200 square feet), representing 10.2% of net rentable square feet, has executed a lease but is not in occupancy or paying rent. The third largest tenant is anticipated to be in occupancy and paying rent by January 2018. A $420,000 Holdback was taken at closing until the third largest tenant is open for business and paying full unabated rent for one month.

 

For mortgage loan #50 (Kirkwood Center), the largest tenant (2,598 square feet), representing 37.0% of net rentable square feet, has executed a lease but is not in occupancy. The tenant is anticipated to be open and paying rent by December 2017. A $420,000 Holdback was taken at closing until the largest tenant is in occupancy and paying full unabated rent.

 

(9)For mortgage loan #7 (HGI Savannah Historic District), the mortgaged property lost approximately 735 room nights in October 2016 due to Hurricane Matthew. The Most Recent and Second Most Recent Period reflect actual performance and exclude any revenue for such lost room nights. If adjusted to include the occupancy and related revenue from the October 2016 lost room nights, the Second Most Recent Hotel ADR, RevPAR and NOI would be $160.24, $149.54 and $3,466,809, respectively; and the Most Recent Hotel ADR, RevPAR and Net Operating Income would be $164.22, $151.31 and $3,295,400, respectively. U/W Revenues is based on the Most Recent Period adjusted for the October 2016 lost room nights.

 

A-1-19

 

 

For mortgage loan #12 (The View at Marlton), the mortgaged property was constructed in 2017. Construction of a free-standing portion of the property that is expected to be occupied by the third largest tenant, is on-going and is expected to be completed in February 2018. As such, historical financial information for the mortgaged property is not available.

 

For mortgage loan #19 (100-102 Forsyth Street), the mortgaged property was substantially renovated in 2016. As such, historical financial information for the mortgaged property does not reflect the mortgaged property’s stabilized performance.

 

For mortgage loan #33 (Paseo Lindo), approximately 36.7% of net rentable square feet of the mortgaged property was completed in 2016. The mortgaged property is currently 100.0% occupied and underwritten cash flows reflect leases in place as well as fixed CAM reimbursements. Expenses were based on the property manager’s 2017 budget as well as the actual insurance premium and tax bills. The related borrower did not provide cash flows for the mortgaged property.

 

For mortgage loan #49 (Rite Aid Dunmore), the mortgaged property is a single tenant triple-net leased property. As such, historical financial information for the mortgaged property is not available.

 

For mortgage loan #52 (Dollar General E. Peoria), the mortgaged property was constructed in 2017. As such, historical financial information for the mortgaged property is not available.

 

(10)For mortgage loan #15 (Redmont Hotel Curio), the property is subject to a master lease between the fee owner borrower and the master lessee borrower in connection with historic rehabilitation income tax credits (which tax credits were sold to a third party which owns 99% of the master lessee borrower) and to a sublease between the master lessee borrower and the fee owner borrower, whereby the master lessee borrower leases the property back to the fee owner borrower. The master lease has a term of 99 years with no rental obligations and the sublease has a term of 30 years expiring in 2046, with annual rent equal to 85% of the annual debt service under the Redmont Hotel Curio mortgage loan, administration expenses and an annual return to the master lessee borrower. Both the fee owner borrower’s interest and the master lessee borrower’s interest in the Redmont Hotel Curio property are collateral for the mortgage loan and all revenue from the property and the two master leases is deposited into the lockbox under the Redmont Hotel Curio mortgage loan.

 

For mortgage loan #16 (555 De Haro), the mortgaged property is subject to a master lease between the related borrower, as master lessor, and a borrower-affiliate, Bridgeton 555 Deharo Property LLC, as master lessee. The master lessee is indirectly controlled by the sponsor of the borrower. The master lease structure was put in place at the mortgaged property to accommodate an investor of such sponsor, which investor required certain elements of the investment’s structure to be compliant with Shari’ah law. Pursuant to the master lease, the master lessee has an option to purchase the mortgaged property, provided that the lender has the right to terminate such option upon any foreclosure. The master lease is subordinate to the underlying mortgage loan.

 

(11)For mortgaged property #31 (Northern Ohio Industrial Park), the largest tenant (464,220 square feet), representing 43.9% of net rentable square feet, has multiple leases that expire as follows: 13,200 square feet expiring on a month-to-month basis and 451,020 square feet expiring on September 30, 2020.

 

For mortgage loan #32 (Cascade Building), the largest tenant (18,473 square feet), representing 19.5% of the net rentable square feet, has multiple leases that expire as follows: 9,375 square feet expiring December 1, 2018 and 9,098 square feet expiring June 30, 2024.

 

For mortgage loan #34 (Marengo Plaza), the second largest tenant (5,140 square feet), representing 23.0% of the net rentable square feet, has multiple leases that expire as follows: 2,570 square feet expiring on December 5, 2021 and 2,570 square feet expiring on March 31, 2022.

 

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(12)The tenant early termination options discussed in this footnote are not intended to be an exclusive list. In particular, termination options based on co-tenancy clauses are generally included only for top five tenants by net rentable square feet if the option is currently or imminently exercisable.

 

For mortgage loan #5 (U.S. Industrial Portfolio III), the largest tenant at the 3221 Cherry Palm Drive mortgaged property (38,624 square feet), representing 1.3% of the entire portfolio, may terminate its lease on either November 1, 2018 or November 1, 2024 by providing the lessor with a termination notice no later than May 4, 2018 for the first termination and May 4, 2024 for the second termination with a termination fee equal to all rent payable paid through either the first or the second termination date.

 

For mortgage loan #6 (National Office Portfolio), the largest tenant at the 8330 LBJ Freeway mortgaged property (84,114 square feet), which is also the second largest tenant for the entire portfolio, representing 3.3% of the net rentable square feet for the entire portfolio and 3.9% of the underwritten base rent for the entire portfolio, may terminate its lease on June 30, 2022 with 9 months’ written notice. The second largest tenant at the 1750 East Golf Road mortgaged property (63,113 square feet), which is also the third largest tenant at the entire portfolio, representing 2.5% of the net rentable square feet for the entire portfolio and 4.8% of the underwritten base rent for the entire portfolio, may terminate its lease on September 30, 2019 with 12 months’ written notice and a termination fee equal to $1,731,204. Other tenants that are among the five largest tenants at a particular related mortgaged property (but not in the entire portfolio) also have termination options.

 

For mortgage loan #9 (One Century Place), the second largest tenant (105,219 square feet), representing 19.5% of net rentable square feet, may terminate its lease on August 31, 2019 by providing the landlord with a termination notice no later than August 31, 2018 and a termination fee equal to all unamortized brokerage commissions and the concessions and tenant improvements allowance. The fifth largest tenant (45,807 square feet), representing 8.5% of net rentable square feet, may terminate its lease on October 31, 2020, by providing landlord with a termination notice on or before October 31, 2019, and a termination fee, only if either (i) the tenant is no longer doing business within a 50-mile radius of the building or (ii) the tenant needs 50% less personnel to conduct its business, when compared to the number of personnel in certain specified portions of the space as of the applicable commencement date.

 

For mortgage loan #11 (777 Township Line Road), the fifth largest tenant (6,645 square feet), representing 6.0% of net rentable square feet, may terminate its lease any time after February 14, 2023 by providing the landlord with notice prior to February 14, 2022 and a termination fee equal to $200,783.

 

For mortgage loan #13 (Corporate Center I & III), the third largest tenant (11,184 square feet), representing 11.8% of net rentable square feet, has the right to vacate the related leased premises on August 30, 2019. The tenant may vacate the related leased premises so long as it continues to pay rent due under the lease and maintains the leased premises in good and secure condition.

 

For mortgage loan #21 (Del Amo Fashion Center), the fifth largest tenant (60,000 square feet), representing 3.4% of net rentable square feet, may terminate its lease at any time upon providing at least 270 days’ written notice.

 

For mortgage loan #25 (1030-1040 Broad Street), the largest tenant (29,987 square feet), representing 27.6% of net rentable square feet, may terminate its lease as of December 31, 2018 upon providing nine months’ written notice and payment of a termination fee equal to the unamortized tenant improvement allowance and broker’s fees incurred by the landlord in connection with the third amendment to the lease. The second largest tenant (13,633 square feet), representing 12.6% of net rentable square feet, may terminate its lease as of July 31, 2018 upon providing no less than 9 months’ and no more than 12 months’ written notice and payment of a termination fee equal to the unamortized portion of the tenant improvement allowance and broker’s fees associated with the lease.

 

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For mortgage loan #34 (Marengo Plaza), the third largest tenant (3,745 square feet), representing 16.8% of net rentable square feet, may terminate its lease on or after September 30, 2020 upon providing 90 days’ written notice. The fourth largest tenant (2,421 square feet), representing 10.8% of net rentable square feet, may terminate its lease as of December 31, 2021 upon providing 270 days’ prior notice and payment of a termination fee equal to $126,957. The fifth largest tenant (2,114 square feet), representing 9.5% of the net rentable square feet, may terminate its lease as of September 7, 2023 upon six months’ prior notice and payment equal to six months’ rent plus unamortized leasing commissions and tenant improvement allowances.

 

For mortgage loan #42 (RSM Business Park), the largest tenant (12,359 square feet), representing 16.7% of net rentable square feet, may terminate its lease any time by providing lessor with four months’ notice and payment of any unamortized brokerage commission.

 

(13)For mortgage loan #35 (444-446 86th Street), the largest tenant (7,000 square feet), representing 63.6% of net rentable square feet, is affiliated with the sponsor.

 

(14)For mortgage loan #1 (Headquarters Plaza), on each payment date commencing on the payment date occurring in December 2017, the Monthly Replacement Reserve will be equal to the greater of (i) 1/12th of 4% of the gross income from hotel-related operations for the immediately preceding calendar year and (ii) the amount of the deposit required under the Franchise Agreement for the applicable individual property. The borrower will not be required to make monthly reserve deposits for FF&E if the Reserve Waiver Conditions (as defined in the mortgage loan documents) are satisfied.

 

For mortgage loan #7 (HGI Savannah Historic District), the Monthly Replacement Reserve is $0 through November 2018, 1/12th of 1% of underwritten revenue from December 2018 through November 2019, 1/12th of 2% of underwritten revenue from December 2019 through November 2020 and 1/12th of 4% of underwritten revenue from December 2020 through the end of the mortgage loan term.

 

For mortgage loan #14 (Doubletree Berkeley Marina), the Monthly Replacement Reserve will be adjusted to 2.5% of gross income from operations for the month which occurred two calendar months prior to the applicable payment date, 3.0% the following year and 4.0% thereafter.

 

For mortgage loan #15 (Redmont Hotel Curio), on each payment date commencing on the payment date occuring in December 2017, the borrower will be required to deposit in the Monthly Replacement Reserve an amount equal to 1/12th of 4.0% of the greater of (i) gross revenues during the 12-month period ending on the last day of the most recent calendar quarter for which the borrower has provided financial statements and (ii) the gross revenue projected in the then-effective approved annual budget (approximately $25,695).

 

For mortgage loans #20 (Hilton Houston Galleria TX) and #24 (HGI Plymouth), the Monthly Replacement Reserve will be adjusted to an amount equal to the greater of the existing Monthly Replacement Reserve and 1/12th of 4% of underwritten revenue for the prior fiscal year.

 

For mortgage loan #44 (Comfort Suites Hilton Head Bluffton), the Monthly Replacement Reserve will be the greater of (i) 1/12th of 4% of the annual gross income of the property or (ii) the monthly amount required to be reserved pursuant to the franchise agreement.

 

For mortgage loan #48 (Hampton Inn - Marshall), the Monthly Replacement Reserve will initially be $7,241 and will be adjusted on the payment date in January 2018 and on each payment date falling in each subsequent January thereafter, to an amount equal to 1/12th of the greater of (i) 4% of the gross income from operations and (ii) the amount of the deposit required by the franchisor under the Franchise Agreement.

 

(15)For mortgage loan #1 (Headquarters Plaza), on each payment date commencing on the payment date occurring in December 2017, the Monthly TI/LC Reserve will be equal to the lesser of (i) $125,000 and (ii) the positive difference obtained by subtracting the amount of TI/LC Reserve funds on deposit from $6,000,000.

 

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For mortgage loan #5 (U.S. Industrial Portfolio III), the TI/LC Reserve Cap is springing and the borrower will deposit an amount equal to each expiring tenant’s monthly sweep amount: for the largest tenant at the 621 Hunt Valley Circle mortgaged property (61,796 square feet), representing 2.1% of the entire portfolio, the rent sweep start date is July 2024 and the monthly sweep amount is equal to $30,898, with a max TI/LC Reserve Cap equal to $185,388; for the largest tenant at the 1001 DDC Way mortgaged property (66,444 square feet), representing 2.3% of the entire portfolio, the rent sweep start date is July 2025 and the monthly sweep amount is equal to $143,962, with a max TI/LC Reserve Cap equal to $863,772; for the largest tenant at the 10450 Medallion Drive mortgaged property (151,506 square feet), representing 5.2% of the entire portfolio, the rent sweep start date is February 2025 and the monthly sweep amount is equal to $75,753 with a max TI/LC Reserve Cap equal to $454,518; for the largest tenant at the 53208 Columbia Drive mortgaged property (117,938 square feet), representing 4.1% of the entire portfolio, the rent sweep start date is May 2026 and the monthly sweep amount is equal to $58,969, with a max TI/LC Reserve Cap equal to $353,814; for the largest tenant at the 4925 Bulls Bay Highway mortgaged property (198,408 square feet), representing 6.9% of the entire portfolio, the rent sweep start date is September 2026 and the monthly sweep amount is equal to $99,204, with a max TI/LC Reserve Cap equal to $595,224; for the largest tenant at the 3800 West Broward Boulevard mortgaged property (32,688 square feet), representing 1.1% of the entire portfolio, the rent sweep start date is July 2026 and the monthly sweep amount is equal to $81,720, with a max TI/LC Reserve Cap equal to $490,320 and for the largest tenant at the 1972 Salem Industrial Drive mortgaged property (317,144 square feet), representing 11.0% of the entire portfolio, the rent sweep start date is April 2026 and the monthly sweep amount is equal to $263,328, with a max TI/LC Reserve Cap equal to $1,579,963.

 

For mortgage loan #11 (777 Township Line Road), commencing on the payment date occurring in November 2017, through and including the payment date occurring in October 2020, the Monthly TI/LC Reserve will be equal to $9,166.67 and on each payment date thereafter, the Monthly TI/LC Reserve will be equal to $13,750.

 

For mortgage loan #12 (The View at Marlton), commencing on the payment date occurring in January 2023 and on each payment date thereafter, the Monthly TI/LC Reserve will be equal to $10,417, subject to a cap of $625,000.

 

For mortgage loan #18 (Northwoods Center), commencing on the payment date occurring in October 2017 through and including the payment date occurring on September 6, 2022, the Monthly TI/LC Reserve will be equal to $5,000 and on each payment date thereafter, the Monthly TI/LC Reserve will equal $7,500. The TI/LC Reserve is subject to a cap of $450,000.

 

(16)For mortgage loan #2 (Marriott LAX), the PIP reserve is held by Marriott.

 

For mortgage loan #4 (Adler Portfolio), the Other Escrow I (Monthly) will adjust monthly based on the required ground lease payments throughout the mortgage loan term.

 

(17)For mortgage loan #1 (Headquarters Plaza), the borrowers are the lessees under a long-term ground lease with respect to the office and retail portion of the mortgaged property and the hotel portion of the mortgaged property (the “HQP Borrower Ground Lease”), which ground lease has an annual rent of $189,000, expires on November 11, 2074, and has no renewal, extension or termination rights remaining. Additionally, an affiliate of the borrowers is the lessee with respect to an unimproved, non-income producing residential parcel (the “Residential Parcel”) under the other ground lease (the “Residential Parcel Ground Lease”). The ground lessor under both the HQP Borrower Ground Lease and the Residential Parcel Ground Lease has granted a fee mortgage in favor of the lender under the mortgage loan. Accordingly, the mortgage loan is secured by (i) the borrower’s leasehold interests in the office, retail and hotel portions of the mortgaged property, (ii) the ground lessor’s fee interest in the office, retail and hotel portions of the mortgaged property, and (iii) the ground lessor’s fee interest in the Residential Parcel. The leasehold interest in the Residential Parcel, however, is not collateral for the mortgage loan and was not included in the appraised value or underwriting of the mortgage loan. The HQP Borrower Ground Lease grants the borrowers a purchase option with respect to the premises demised to the borrowers. The mortgage loan documents restrict the borrowers’ ability to exercise their purchase option, including providing that such purchase option may only be exercised in connection with a subdivision of the Residential Parcel from the remainder of the mortgaged

 

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property pursuant to and in accordance with the mortgage loan documents. The mortgage loan documents permit the release of the Residential Parcel following either a subdivision of the mortgaged property or the creation of a condominium provided that certain conditions of the mortgage loan documents are satisfied. Following a release of the Residential Parcel in accordance with the mortgage loan documents, the borrowers’ interest in the real estate it currently leases will be converted to a fee interest in either the subdivided parcel or condominium units, as applicable. The real estate collateral for the Headquarters Plaza Whole Loan is structured as a fee above a plane (the “Upper Area”), which fee-above-a-plane structure is governed by the Declaration (as defined in the loan documents). The owner of the fee interest in the real property located below the Upper Area (the “Lower Area”), as well as the lessee of the Lower Area, are affiliates of the borrowers. The Lower Area which consists of a parking garage is not collateral for the Headquarters Plaza Whole Loan.

 

For mortgage loan #14 (DoubleTree Berkeley Marina), the mortgaged property is subject to a ground lease dated January 18, 2008, between the City of Berkeley, as ground lessor, and the related borrower, as ground lessee. The current fixed rent under the ground lease is approximately $306,000 per annum, payable in monthly installments. The ground lease is scheduled to terminate on December 31, 2058. The related Mortgage Loan is secured by the borrower’s leasehold interest in the mortgaged property.

 

(18)For mortgage loan #1 (Headquarters Plaza), at origination of the mortgage loan, the borrowers established two separate lockbox accounts: (i) a lockbox account for the hotel portion of the collateral (the “Hotel Lockbox”) and (ii) a lockbox for the office and retail portion of the collateral (the “Non-Hotel Lockbox”). Solely with respect to the hotel portion of the collateral (the “Hotel Property”) and the Hotel Lockbox, (x) so long as the Franchisor CM Conditions (as defined in the mortgage loan documents) are satisfied, hotel manager may collect revenues from the Hotel Property, hold the same in one or more eligible accounts with an eligible institution in the name of the borrower that have been pledged as security for the mortgage loan, apply the same to pay operating expenses and brand management fees in accordance with the applicable franchise agreement, and then deposit any excess after payment of such expenses and fees into the Hotel Lockbox, (y) to the extent permitted under the applicable franchise agreement, or if the Franchisor CM Conditions are not satisfied, tenants under leases at the Hotel Property shall be directed to deposit all rental payments directly into the Hotel Lockbox, and (z) to the extent that the Franchisor CM Conditions are not satisfied, all credit card companies and credit card clearing banks will be directed to deposit all payments that would otherwise be made to the borrower and/or hotel manager directly into the Hotel Lockbox. With respect to the non-hotel portion of the mortgaged property and the Non-Hotel Lockbox, the loan documents require all tenants to be directed to pay all rents directly into the Non-Hotel Lockbox.

 

(19)For mortgage loan #47 (Shaw Blackstone Center-CA), the Sponsor has been identified as The Exempt Bypass Trust U/A The Fay Revocable Trust, The Marital Trust U/A The Fay Revocable Trust and The Survivor’s Trust U/A The Fay Revocable Trust.

 

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